Revised Russia GDP And 2022 Economic Forecast

This is the first 2022 analytical forecast of the fall of Russian GDP and the growth of inflation, which will be according to the rate of the Russian Central Bank and is impacted by the effect of the American oil embargo.

The Bank of Russia, interviewing economists and analysts, published the first assessment of the decline in the Russian economy and inflation growth. According to the surveyed experts, by the end of 2022 we will see a decline in GDP by 8% (this is the maximum since 1998), inflation at 20% and the dollar rate at 110 rubles.

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