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World

Russia's GDP growth picks up to 1.7pc in July

Published Updated

MOSCOW: Economic growth in Russia accelerated to 1.7pc in July in year-on-year terms from a revised rate of 0.8pc in the previous month, the Russian Economy Ministry said on Monday.

The ministry had said earlier the economic growth in Russia was set to pick up in the third quarter and would reach 1.3pc in the whole of 2019.

Copyright Reuters, 2019

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