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Russia Only Posts Moderate Growth Rates

Published: July 16, 2013; 19:46 · (Vindobona)

Russian economists forecast that the Russian GDP will grow by 1.6% this year. This is substantially below the growth rate of 2012.

Russia Only Posts Moderate Growth Rates / Picture: ©

According to the Russian Ministry of Economics, the GDP grew by 1.8% in the first four months. In 2012, Russia´s economic growth still reached 3.6%. Until now, Russia was almost unaffected by the economic slowdown in Europe. However, economists think that the economic deceleration in Russia will continue. This is mainly due to the unpredictable economic policy, Russian experts of the…

This article includes a total of 213 words.

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