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Russia GDP grows 0.6% y/y in July, after revised June 1.7%

Russia’s economy grew 0.6% year-on-year in July, versus a revised 1.7% in June, per the economy ministry’s preliminary data. For the first seven months, GDP grew 0.6% y/y.

Russia's gross domestic product grew by 0.6% year-on-year in July after a revised 1.7% growth in June, the economy ministry's preliminary data showed on Wednesday.In the first seven months of the year, the Russian economy grew by 0.6%, the data showed.

The ministry had previously estimated June gro…