Russia's economy expands 0.8% in second quarter, state data shows | Bangkok Post: news

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Russia's economy expands 0.8% in second quarter, state data shows

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Russia's economy grew by 0.8 percent from April to June compared with output during the same period last year, a preliminary estimate by Russia's statistics committee showed on Monday. 

A Russian customer shops for dairy products at a supermarket in Saint Petersburg on August 7, 2014

The figure is lower than a 1.2-percent growth forecast reported by Russia's economy minister last month, and slightly less than the 0.9-percent annualised pace recorded in the first quarter.

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