MOSCOW, August 17 (RIA Novosti) - Russia's GDP will grow by 5.9% in 2005, 5.8% in 2006, 5.9% in 2007, and 6% in 2008, the Economic Development and Trade Ministry said in a forecast published on its Web site Wednesday.
The industrial output index will equal 4.4% in 2005 and is expected to grow in subsequent years. The ministry forecasts industrial production to expand by 4.6% in 2006, 4.7% in 2007, and 5.1% in 2008.
The ministry's forecast will be submitted to a government session Thursday along with the draft 2006 budget.
Fixed capital investment is expected to reflect uneven growth - 9.8% in 2005, 11.1% in 2006, 10.4% in 2007, and 9.9% in 2008.
According to the ministry's estimates, real disposable household incomes will grow by 9.4% in 2005 but fall to 8.9% in 2006, 8.7% in 2007, and 8.3% in 2008.
Real wages will also follow a downward trend of 10.9% in 2005, 9.9% in 2006, 9.1% in 2007, and 7.5% in 2008.
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