Bloomberg News

Uralsib Cuts Russia 2012 GDP Growth Forecast to 2.8% From 4%

November 24, 2011

Nov. 24 (Bloomberg) -- Uralsib Capital cut its forecast for Russian economic growth in 2012 to 2.8 percent from a previous estimate of 4 percent, saying the global slowdown will drive down oil, the country’s biggest export earner.

--Editor: David Papadopoulos

To contact the reporters on this story: Halia Pavliva in New York at hpavliva@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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