This was announced by chief economist, zampredpravlenija of Vnesheconombank Andrei Klepach at the conference of the Russian grain Union.

"In 2018, the growth in retail trade, where 1.6% — almost twice lower than expected economic development. Although I think that in the future will be taken measures that will improve the dynamics of income and consumption demand", — said klepac.

He added that consumer demand, in his opinion, will not be the driver of GDP growth in the coming years, hence the hope for investment growth.

"With the investment growth pattern will be more conservative because we don't usually accelerates investment when oil prices are quite reasonable, public investment, according to the discussed design budget will shrink in real terms. Despite the positive mood in growth of private investment, they still cannot provide the high potential GDP growth", — said Klepach.

Photo: amdn.news