Russia technically emerged from recession in the third quarter after official data on Monday showed economic activity grew 0.6 percent from the previous three months — the first quarterly rise since the crisis struck a year ago.
Despite the increase, gross domestic product was still 9.4 percent below year-earlier levels, underscoring the amount of damage the [...]
Posts Tagged ‘increase’
Russia out of recession as economy grows in Q3
October 26th, 2009 by Financial Writer
Tags: economic, economy, increase, recession, russia
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