OECD says Russian economic activity slows in July

MOSCOW, Sep 7 (PRIME) -- The level of the Russian economic activity reduced in July, the Organization for Economic Cooperation and Development (OECD) said in a report on Thursday.

Russia’s Composite Leading Indicators (CLI) index calculated by the OECD fell to 100.7 points in July from 100.9 points in May, the report said.

The CLI includes early signals of economic growth or decline, preceding economic dynamics changes and can be seen as a short-term economic development forecast.

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