• Interest rates seen ending 2024 at 12%
• Rouble seen at 100 vs dollar in 12 months
• Economic growth seen slowing to 1.1% in 2024
• Inflation expected to end 2024 at 5.4%

Dec 22 (Reuters) - Russia’s economic growth is set to slow in 2024, hampered in particular by double-digit interest rates throughout the year as the Bank of Russia seeks to subdue stubbornly high inflation, a Reuters poll showed on Friday.

Russia’s gross domestic product is expected to outperform early expectations and grow 3.1% this year, the average prediction of 15 analysts and economists polled by Reuters showed, rebounding from a 2.1% contraction in 2022.

But in 2024, growth, which has been boosted this year by soaring government spending, particularly on increased military production, is expected to slow to 1.1%.