Russian quarterly growth points to ongoing recovery

Russian quarterly growth points to ongoing recoveryRussia’s GDP grew 0.5 percent in the first quarter of 2017, the state statistics agency said Wednesday, as the country’s economy slowly recovers from a crippling crisis. The growth reported by the Rosstat agency is slightly superior to the government’s prediction of 0.4 percent growth over the same period. Russia’s GDP last experienced growth in the fourth quarter of 2014, when it expanded by 0.2 percent.



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