The volume of agricultural production in 2018, could be reduced, said.

© RIA Novosti / Vitaly to Timepiece in fotobanka. Archival photoThe volume of agricultural production in 2018, could be reduced, said.© RIA Novosti / Vitaly to Timepiece the image Bank

Dynamics of volume of agricultural production in Russia could be negative in 2018 instead of the predicted growth of 1.1%, told journalists the Minister of economic development of Russia Maxim Oreshkin.

«In agriculture for crop production because of poor harvest can be negative data. We have the third quarter largely determining from the point of view of what agriculture actually is happening,» he said, answering the question about the dynamics of the index at the end of 2018.

According to Rosstat, the last time the volume of production of agriculture in all categories of farms of the Russian Federation was reduced in comparison with the previous year in 2012 — then a decrease was 4.8%. In 2013, the growth of agricultural production amounted to 5.8% in 2014 and 3.5% in 2015 and 2.6% in 2016 and 4.8% in 2017 and 2.5%.

«GDP this factor will have a negative impact, but what will be General dynamics of GDP, we’ll see. While we are not changing the forecast,» added the Minister. The current forecast of the Ministry involves the growth of the Russian economy in 2018 is 1.8%.

The volume of production of agriculture of all agricultural producers of the Russian Federation in current prices began to decline in 2018 in annual terms in August. The reduction was the first since October of last year and was, according to Rosstat, 11.3 percent compared to August 2017. In September, the decline continued — the index in annual terms decreased by 6%.

Russia’s agriculture Ministry expects the production volume of agricultural products in Russia in 2018, could grow by 1% compared to last year.

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