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Downside risks to growth

Downside risks to economic growth in Russia will remain high until the end of this year and will persist into 2013, Deputy Economic Development Minister Andrei Klepach told reporters. Replying to a question as to whether the trend will continue to pose inflationary risk for slowing economic growth in Russia, the Deputy Minister was of the view that the balance between these risks will not be restored in the near future. With regard to inflation risks, the Deputy Minister of Economic Development believes that these problems will remain, but so far the situation is under control. 

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