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January GDP growth measures up well

February 22, 2008 | RBC

Russia's GDP grew an estimated 7.4 percent in January 2008 from the same month a year earlier, Deputy Economy Minister Andrei Belousov reported, noting that this was a good result. The official also reiterated that the Economy Ministry would be introducing a revised forecast of primary socioeconomic indicators to the government in mid-March. In one of the drafts, the ministry will make projections based on higher average annual oil prices.

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