Rosstat has raised its estimate of Russia’s GDP growth in 2019 to 2%

Rosstat has significantly increased its estimate of Russia’s GDP growth in 2019 – to 2.0% from 1.3% and in 2018 – to 2.8% from 2.5%, follows from the message of the statistical service of the Federal State Statistics Service of the Russian Federation (Rosstat).

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“Rosstat presents the third estimate of GDP for 2019 and the fifth for 2018 (for 2018, the final update – IF). The revised estimates were: GDP for 2019 – 109 trillion 193.2 billion rubles, the increase in physical volume relative to 2018 – 2.0%, deflator – 3.0%; GDP for 2018 – 103 trillion 861.7 billion rubles, growth in physical volume relative to 2017 – 2.8%, deflator – 10.0%, “the statement says. …