Russia GDP


Russia: September economic activity picks up

October 30, 2011

According to the index of economic activity published by the Federal Statistics Service (Rosstat), the economy added 7.2% in September over the same month last year. The result represents an improvement compared to August, when the index expanded 6.5%, and marks the strongest expansion since the beginning of the year. The annual trend improved as a result of the pick-up in economic activity, as annual average growth rose to 5.0%, after reaching 4.6% last month. The Ministry of Economic Development expects the economy to expand 4.1% in 2011. In 2012, the Ministry sees economic growth moderating to 3.7%.

Author:, Head of Data Solutions

Sample Report

Looking for forecasts related to GDP in Russia? Download a sample report now.


Russia Economic News

More news

Search form