Russia: GDP rate decreased by 0.5%
In the first quarter of 2014 the economic growth of Russia totaled 0.8%, and including the seasonal filter there is a decrease of the stated rate by 0.5%, declared the Head of the Ministry of Economic Development of Russia, Alexey Ulyukaev on April 16, 2014.
The Minister stated the economic situation continues to worsen due to the high level of the uncertainty on the exchange and financial markets, significant capital outflows, the investors' unavailability to determine within the current international situation.
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