6 Sep 2013 18:28

Russian Q2 GDP growth confirmed at 1.2%

MOSCOW. Sept 6 (Interfax) - Russian GDP grew 1.2% year-on-year in Q2 2013 to 16.1108 trillion rubles in current prices, the Federal State Statistics Service (Rosstat) said, confirming its preliminary growth estimate.

The preliminary estimate, unveiled in August, was way below the 1.9% that the Russian Economic Development Ministry predicted for Q2.

GDP grew 1.6% in Q1 2013.

GDP grew in physical terms by 101.2% compared with Q2 2012 and 6.2% compared with Q1 2013. The GDP deflator index was 106.0% in Q2 2013 compared with the same period of last year.

GDP grew 101.4% year-on-year in current prices in H1 2013 to 31.098 trillion rubles.