The Russian Finance Minister Anton Siluanov said on Thursday that the GDP of the country will drop by 2.5 percent, which will be the largest drop in the third quarter of 2015. He added that the situation will improve in the end of the year, Sputnik News reports.
The minister expected that the country’s inflation rate was going to be around 11 percent or less for 2015. The minister's expectations are based on the figures that show such a tendency. Officials from Russian Economic Development center said earlier in this week that inflation for 2015 could dip below the official forecast of 11.9 percent.