Russian economy grew 4.6% y/y in Jan-Sept – data

Author of the article: MOSCOW — Russia’s gross domestic product increased 4.6% year-on-year in the first nine months of 2021, putting the economy on track to meet the expectations of Russian officials and the World Bank, the statistics service said on Wednesday. After shrinking by 3% in 2020, its sharpest contraction in 11 years, Russia’s…
Russian economy grew 4.6% y/y in Jan-Sept – data

Author of the article:

MOSCOW — Russia’s gross domestic product increased 4.6% year-on-year in the first nine months of 2021, putting the economy on track to meet the expectations of Russian officials and the World Bank, the statistics service said on Wednesday.

After shrinking by 3% in 2020, its sharpest contraction in 11 years, Russia’s economy is on track to expand by more than 4% in 2021, according to President Vladimir Putin, the central bank and economy ministry. They have predicted growth of between 4.0% and 4.7% this year.

The World Bank said on Wednesday the Russian economy was set to grow by 4.3% this year.

That would be the strongest since 2008, when Russia’s gross domestic product grew by 5.2% before falling by 7.8% the next year. (Reporting by Andrey Ostroukh Writing by Vladimir Soldatkin Editing by Mark Potter)

Financial Post Top Stories

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
MV Asterix Comes Home to Davie for Scheduled Maintenance
Read More

MV Asterix Comes Home to Davie for Scheduled Maintenance

Author of the article: Publishing date: Nov 15, 2022  •  14 hours ago  •  2 minute read Join the conversation MV Asterix GNW LEVIS, Quebec, Nov. 15, 2022 (GLOBE NEWSWIRE) — Davie Shipbuilding (Davie) is pleased to announce that Asterix, a Resolve-Class Combat Support ship, entered Davie’s Champlain drydock today for scheduled maintenance. Advertisement 2 This…
The Group of 20 has agreed to make the African Union a permanent member, Indian leader Modi says
Read More

The Group of 20 has agreed to make the African Union a permanent member, Indian leader Modi says

Author of the article: The Associated Press Adam Schreck And David Rising Published Sep 08, 2023  •  Last updated 1 hour ago  •  5 minute read NEW DELHI (AP) — The African Union has been granted permanent member status in the Group of 20 top world economies, Indian Prime Minister Narendra Modi said Saturday, adding momentum…
Jamieson Wellness Inc. Announces Date of First Quarter 2023 Financial Results and Conference Call
Read More

Jamieson Wellness Inc. Announces Date of First Quarter 2023 Financial Results and Conference Call

Author of the article: Published Apr 18, 2023  •  1 minute read TORONTO — Jamieson Wellness Inc. (“Jamieson Wellness” or the “Company”) (TSX:JWEL) announced today that the Company will release its first quarter 2023 financial results after the market close on Thursday, May 4, 2023. The Company will host a conference call for investors at…