Date: 2 months ago   Category: Economy

The Ministry of Economic Development commented on data of Rosstat on GDP growth delay — Rambler News Service


Preliminary estimate of Rosstat on GDP growth volume in the I quarter (0.5%) is lower than assessment of the Ministry of Economic Development (0.8%), delay of growth rates is connected with weakness of domestic demand against the background of increase in tax burden, follows from the message of the press service of the Ministry of Economic Development. "By preliminary estimate of Rosstat, the index of physical volume of GDP in 1 quarter 2019 made 0.5% of yoy that is slightly lower than assessment of the Ministry of Economic Development of the Russian Federation (0.8% of yoy). In general delay of growth rates of GDP was expected and is connected with weakness of domestic demand against the background of increase in tax burden", - it is said in the statement. The Ministry of Economic Development noted that the additional pressure upon domestic demand is put by "maintaining low growth rates of the corporate loan portfolio and some delay of mortgage lending". "The general weakness of demand is confirmed also the inflation observed by a tendency to fast delay", - added to the Ministry of Economic Development.

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