Russian economy rebounds past pre-sanctions level ...News

The country’s GDP has turned to growth in the second quarter after a year of declines Russia has seen its Gross Domestic Product values turn to growth in the second quarter of the year, the country’s statistics service Rosstat reported on Friday, despite lingering pressure from Western sanctions. According to the agency’s calculations, the economy grew 4.9% in annual terms. It last demonstrated a higher growth rate back in the fourth quarter of 2021, when it surged to 5.8%. The country’s GDP turned to growth for the first time since the first quarter of 2022, when the indicator grew by 3%. However, following the s

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