Russian Bandy Federation cancels match results after two teams score 20 own-goalsSport February 27, 17:06
Spain’s footballer Puyol finds St. Petersburg’s Zenit-Arena stadium impressiveSport February 27, 17:02
Russian, Tajik presidents stress importance of boosting cooperationRussian Politics & Diplomacy February 27, 16:57
Cut-off price in new fiscal rule to remain at $40 per barrel — ministerBusiness & Economy February 27, 16:39
Russian MP says French delegation to support Russia’s return to PACERussian Politics & Diplomacy February 27, 16:35
Russian, French senators set up strategic parliamentary dialogWorld February 27, 16:19
Russia's oil major reveals oil price per barrel that will suit everyoneBusiness & Economy February 27, 16:09
Russia’s defense ministry confirms dispatch of advanced frigate to Mediterranean SeaMilitary & Defense February 27, 15:41
Russian diplomat: West-brokered resolution on chemical weapons in Syria 'unacceptable'Russian Politics & Diplomacy February 27, 15:30
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).