Morgan Stanley predicts inflation in Russia in 2016 at the level of 8.5%


LONDON, December 14. American investment Bank Morgan Stanley predicts inflation in Russia in 2016 at the level of 8.5%. On it informs Agency Bloomberg.

Also in the investment Bank believe that the Bank of Russia will not change rates until the second quarter of next year.

Previously Morgan Stanley has improved its Outlook on the decline in Russia’s GDP in 2016 to 0.8% from 1.3%. The investment Bank also changed the Outlook on the decline of Russia’s GDP in 2015 to 3.9% against previous expectations of 4.2%.