MOSCOW (Thomson Financial) - The economic development ministry raised its
forecast for economic growth in 2008 to 7.1 pct from 6.7 pct, and its inflation
forecast to 9.5 pct from 8.5 pct, Russian news agencies reported.
Gennady Kuranov, director of the macroeconomic forecasting department said,
cited by Interfax: "The inflation forecast has been raised because of the rise
in food and wheat products prices."
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