In July and August in Russia, the recovery growth of the economy will continue in Russia, but he is completed, the head of the Ministry of Economic Development Maxim Reshetnikov, who quotes Interfax. The minister noticed that now the economy has crossed the level of the pre-crisis fourth quarter of 2019, and added that further development rates are the cause for concern.
“At the same time, at the end of June, we see the first neat signs that you need to pay attention to that all the same recovery growth ends. Begins to end – until we grow – and July, and August, and so on, but The question that is concerned – further growth rates, “said the minister, clarifying that in the future height should be based on investments, exports and stable domestic demand.
The fact that Russia’s GDP in June has reached an additional development level, the Ministry of Economic Development reported at the end of July. The agency noted that the real incomes of the population “continued recovery and approached the level of the same quarter of 2019.”
In the middle of the past department, Deputy Prime Minister Andrei Belousov noted that the main driver of Russia’s economic growth is associated with an accelerated increase in investment. He explained that this year they rose 4.5 percent, but last year the indicator fell by 1.5 percent.