[lbo-talk] Russia expands economy 6.2% in Q3

Chris Doss itschris13 at hotmail.com
Sun Dec 14 04:32:48 PST 2003


Russia expands economy 6.2% in Q3 MOSCOW. Dec 11 (Interfax) - Russia expanded its economy 6.2% year- on-year in the third quarter of 2003, the State Statistics Committee reported on Thursday.

GDP grew 6.8% year-on-year in the first quarter and 7.2% in the second.

Goods production accounted for 44.3% of GDP structure in the third quarter, market services made up 45.8% and non-market services 9.9%. Industry accounted for 24.6% of GDP, agriculture for 10.7%, construction for 8.2%, transport and telecommunications for 9.6%, and trade (wholesale and retail), restaurant services and procurement 20.3%.

The government forecasts economic growth of 6.6% in 2003, compared with 4.3% in 2002. (Interfax)

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