January 31, 2018 / 8:38 PM / 4 months ago

Putin says Russian GDP grew 1.4 percent in 2017: TASS

Reuters Staff

1 Min Read

MOSCOW (Reuters) - Russia’s gross domestic product grew by 1.4 percent in 2017, TASS news agency quoted President Vladimir Putin as saying on Wednesday, the lower boundary of a range set by the economy ministry.

FILE PHOTO - Steam rises from chimneys of a heating power plant near a monument of Soviet cosmonaut Yuri Gagarin, the first man in space, with the air temperature at about minus 17 degrees Celsius (1.4 degrees Fahrenheit), during sunset in Moscow, Russia, January 9, 2017. REUTERS/Maxim Shemetov/File Photo

“Russian GDP increased 1.4 percent last year,” Putin was quoted as saying.

The Russian Economy Ministry has said a preliminary estimate shows Russia’s economy expanded by 1.4-1.8 percent in 2017.

Reporting by Jack Stubbs; Editing by Catherine Evans

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