Lack of investment slows down Russian GDP growth

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
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 the GDP growth.

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