US extends sanctions against North KoreaWorld August 22, 18:00
Russian space corporation plans 25 carrier-rocket launches in 2017Science & Space August 22, 17:48
Russian Defense Ministry develops electromagnetic gun to counter dronesMilitary & Defense August 22, 17:14
'Paradise' placed on longlist for European Film Academy awardSociety & Culture August 22, 16:56
Peru, Myanmar, Bangladesh interested in purchasing MiG-35sMilitary & Defense August 22, 16:51
Mossad chief to accompany Netanyahu on official visit to RussiaWorld August 22, 16:41
Russian Investigative Committee brings charges against stage director SerebrennikovSociety & Culture August 22, 16:33
Russia's advanced interceptor may become unmanned in futureMilitary & Defense August 22, 15:58
Foreign space agencies take interest in Soyuz-5 rocketScience & Space August 22, 15:48
MOSCOW, April 03. /ITAR-TASS/. Russia’s gross domestic product (GDP) may grow by about 0.8% in the first quarter of this year compared to 0.4% projected earlier, Deputy Minister of Economic Development Andrei Klepach said on Thursday, April 3.
The forecast was revised following changes in the Federal Statistics Agency’s quarterly GDP growth data for 2013.
At the same time, Klepach believes that the GDP growth potential may decrease in the short term if the government fails to take steps to spur the economy.
The Federal Statistics Agency (Rosstat) reported earlier that GDP had grown by 2% in the fourth quarter of 2013 (1.4% in the previous forecast), by 0.8% in the first quarter of last year (initial projection was 1.6%); by 1% in the second quarter (1.2% projected earlier); and by 1.3% in the third quarter (1.2%).
Russia’s GDP in 2013 was $1.9 trillion (66,7 trillion roubles). Rosstat had previously estimated GDP at $ 1.9 trillion (66,6 trillion roubles).