The Russian economy expanded by 1.4 percent last year, the Ministry of Economic Development has said in its latest report. Annual growth is weaker than in 2018, but beat the ministry’s own forecast.
GDP rose 2.3 percent in the last quarter of 2019, bringing the annual results 0.1 percent higher than the Ministry of Economic Development earlier projected. Non-primary industries and taxes, as well as the manufacturing sector contributed most to the results, the report released on Tuesday says.
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