https://sputnikglobe.com/20230830/russias-gdp-grows-by-21-in-annual-terms-in-january-july-1112998740.html
Russia's GDP Grows by 2.1% in Annual Terms in January-July
Russia's GDP Grows by 2.1% in Annual Terms in January-July
Sputnik International
Russia's GDP grew by 2.1% in January-July, but slowed to 5% in July in annual terms from 5.7% in June, the Economic Development Ministry said on Wednesday.
2023-08-30T18:11+0000
2023-08-30T18:11+0000
2023-08-30T18:11+0000
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"In annual terms, GDP exceeded the level of last year by 5% year-on-year (from 5.7% year-on-year in June), and the level of two years ago by 0.8% (+0.3% in June). In general, the GDP grew by 2.1% year-on-year in January-July 2023," the ministry stated.At the same time, the Russia's unemployment rate in July decreased to a new historic minimum of 3%, the Federal State Statistics Service (Rosstat) reported.Meanwhile, real wages in Russia grew by 10.5% in annual terms in June, by 6.8% in the first half of the year, the agency added.
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Russia's GDP Grows by 2.1% in Annual Terms in January-July
MOSCOW (Sputnik) - Russia's GDP grew by 2.1% in January-July, but slowed to 5% in July in annual terms from 5.7% in June, the Economic Development Ministry said on Wednesday.
"In annual terms,
GDP exceeded the level of last year by 5% year-on-year (from 5.7% year-on-year in June), and the level of two years ago by 0.8% (+0.3% in June). In general, the GDP grew by 2.1% year-on-year in January-July 2023," the ministry stated.
At the same time, the Russia's unemployment rate in July decreased to a new historic minimum of 3%, the Federal State Statistics Service (Rosstat) reported.
22 August 2023, 15:03 GMT
Meanwhile, real wages in Russia grew by 10.5% in annual terms in June, by 6.8% in the first half of the year, the agency added.
