Putin: Stabilization, not serious improvement in Russian economy

MOSCOW, Nov 11 (PRIME) – Russia’s economy has stabilized but talking about significant improvement is premature, President Vladimir Putin said at a government meeting devoted to economic problems on Friday.

“The situation has stabilized but it is too early to tell about its dramatic improvement,” Putin said.

Putin said that a 0.3% industrial output increase, a 3% agricultural production rise and a comparatively low unemployment can be seen as success.

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