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Recession To Come To Russia in 2009
RBC reported yesterday quoting its own source in Russian government that the Russian Economy Ministry made a forecast predicting Russian GDP level at 0.2 percent in 2009
The ministry amended its forecast for the country's key macroeconomic indicators and based it on a Urals oil price of $41 per barrel.
The forecast predicts that Russia's inflation will reach some 13 percent in 2009, RBC reports.
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