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Vital to Maintain Positive Trends of the Russian Economy: Putin

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Russian President Vladimir Putin pointed to the importance of maintaining positive trends in the Russian economy under the threat of presence and tightening of external constraints. He stated this during a meeting with business circles and associations of the Russian Federation.

Earlier, the president announced the growth of the Russian economy, noting that this creates a foundation for the future development of the country. “If GDP increased by half a percent in the first quarter, then in the second quarter, the growth rate of the economy amounted to 2.5%, and investments grew by 6.3%,” he said at a meeting with representatives of Russian business circles. This, of course, is a good foundation for future development. “

Putin added that inflation in the country is at a historically low level – less than 4%. Industrial production grew by almost 2%. “Despite certain restrictions, including external ones, the Russian economy is stabilizing,” the Russian leader said. “It is quite clear that she has emerged from the recession and is gaining momentum.”

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