Min: Russia’s seasonally adjusted GDP grows 0.1–0.2% in Jul–Sep

MOSCOW, Nov 10 (PRIME) -- Russia’s seasonally adjusted gross domestic product (GDP) grew 0.1–0.2% on the quarter in July–September, Kirill Tremasov, director of the Economic Development Ministry’s macroeconomic forecast department, said on Thursday at a meeting of a committee of the State Duma, the parliament’s lower house.

“According to our estimates, GDP grew around 0.1–0.2% on the quarter in July–September. And according to estimates, these dynamics will persist this quarter,” he said.

Russia’s GDP may contract 0.6% in 2016 and may grow in 2017, he also said.

End