Wed, 13 Nov 2013 06:53:05 GMT
Lack of investment slows down Russian GDP growth
Economic growth in Russia slowed to 1.2% in July-September quarter of this year on the annual basis, showing the same pace of increase as a quarter ago. The result matched forecasts of the Ministry of Economy, but fell short of economists' predictions for a 1.4% expansion. Analysts say that the lack of investment into Russian economy started to negatively affect