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Russia’s GDP Growth Reaches 1% Year Over Year in Third Quarter

Anadolu Agency characterized the result as slower annual growth.

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Commuters pass storefronts on a central Moscow street in Russia beneath an overcast sky. / EconoTimes.ai (mono)
Commuters pass storefronts on a central Moscow street in Russia beneath an overcast sky. / EconoTimes.ai (mono)

Russia’s gross domestic product (GDP) was 1% higher than a year earlier in the third quarter, Anadolu Agency reported, giving a fresh reading on the pace of economic activity in the country.

Anadolu Agency characterized the annual increase as a slowdown. A year-over-year reading compares output with the same period a year earlier.

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