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Russia's GDP up by 3.6 percent in 2023: statistics agency

AFP WORLD
Published February 07,2024
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Russia's annual GDP rate rose by 3.6 percent in 2023, according to estimates published Wednesday by the government statistics agency Rosstat, showing signs of the sanctions-hit economy rebounding.

In 2022, Russia's gross domestic product contracted by 1.2 percent after Western countries imposed a barrage of sanctions on Russia for its offensive in Ukraine.