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GDP Up 7.7% yoy in July.

GDP Up 7.7% yoy in July.

15 August 2008

In 6M06 GDP has grown 5.5% yoy. Alexander Viktorov:  This is the third month in a row we have seen rapid growth figures from industry – up 11.4% yoy in July. Additionally trade (11%) and construction (7.1%) have continued to grow.  We are currently in the process of revising our 3% 2006 GDP growth forecast upward.  

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