Russia’s gross domestic product (GDP) growth rose to 3.4% annually in July from 3% in June, the Ministry of Economic Development reported in its review “On the current situation in the Russian economy.” website departments.
“GDP growth accelerated to 3.4% annually in July 2024, after 3% annually in June,” the document said.
According to the Ministry of Economic Development, on a monthly basis, GDP increased by 0.7% in July, excluding seasonal and calendar factors.
The review shows that GDP growth in the January-July period stood at 4.4% on an annual basis.
August 26 Russian President Vladimir Putin statedGDP grew by 4.6% in the first six months of 2024.
Kremlin spokesman Dmitry Peskov in July in questionPutin is pleased with the work of the government and the Central Bank, as the country’s economic development indicators, in terms of industrial and overall GDP growth, are “very, very positive.”
Formerly an economist named Russia’s forecast GDP growth in 2024.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.