The Russian economy has shown the fastest growth since 2000 after the country has canceled the limitations associated with the coronavirus pandemic. Reports about it Bloomberg.
So, the gross domestic product (GDP) of the country in the second quarter increased by 10.3 percent. In addition, retail trade, passenger transportation and processing production increased. According to Economist Scott Johnson, the Russian economy returned to previous indicators “much faster than expected.” At the same time, he noted that in the third quarter, the increase in GDP will decrease, since the effect of removing quarantine restrictions will come to not.
In turn, the Morgan Stanley agency adjusted the forecast for GDP growth in Russia “taking into account unexpectedly positive data and a more constructive forecast for oil prices.” It is expected that in 2021 it will be 4.6 percent, and in 2022 – 3.2 percent.
previously became known that Russia overtook the United States for an increase in the economy. According to Rosstat estimates, in the second quarter of the year, the growth of gross domestic product (GDP) of Russia amounted to 10.3 percent at the annual level.