Friday, May 7, 2010

PMI Indicator Showed Growth of Russian Economy in April

GDP of Russia calculated by VTB Capital Research, said that Russian economy continued to grow in April 2010 by 1.2 percent after a revised 0.3 percent growth in March 2010.

Total Activity Index was 56.6 points, remaining above the mark of 50.0 points separating recession and growth. "We expect that stabilization of the employment situation in the future will ensure faster economic growth through increased consumption", - said analytics.
Nat Lawyer

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