Russia’s economy sees 13.9% growth in Q3

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Russia’s economy sees 13.9% growth in Q3

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11-13-2009, 12:00 AM

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Russia’s economy sees 13.9% growth in Q3

Statistics body Rosstat has today announced that Russia’s economy expanded by 13.9% in the third quarter compared with the second quarter.However, when compared with the same period a year ago, the Russian economy contracted by 8.9%. The economy, which is heavily reliant on oil exports, has suffered from a severe downturn but the latest figures [...]

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