Russia's Economic Development Ministry has raised its 2011 oil price forecast by $6 to $81, by $5 to $83 for 2012 and by $5 to $84 for 2013, Deputy Economic Development Minister Andrei Klepach said on Wednesday.
Klepach also predicted that the country's gross domestic product would expand 3.8% in 2010, while industrial growth would stand at 7.6%.
The real effective ruble rate against currencies of Russia's major trade partners will increase 8.7% in 2010 adjusted for inflation, down from an earlier forecast of a 10.7% rise.
Inflation will peak at 8.3-8.5%. The Statistics Service said earlier on Wednesday that inflation had increased to 8.1% as of December 13. RIA Novosti
