Russian growth dips in second quarter as inflation rises

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MOSCOW The pace of Russia 's economic growth slowed in the second quarter of 2024, official data have shown, amid concerns over stubborn inflation and warnings of "overheating." Gross domestic product ( GDP ) dipped from 5.4 percent in the first quarter to 4 percent from April to June, the lowest quarterly result since the start of 2023 but still a sign the economy is expanding. Inflation meanwhile showed no signs of easing, with consumer prices rising 9.13 percent year-on-year in July, up from

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Russian growth dips in second quarter as inflation rises https://www.hurriyetdailynews.com/ - 11.08.2024 11:31

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Russian growth dips in second quarter as inflation rises https://www.hurriyetdailynews.com/ - 11.08.2024 11:31