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Industrial Output in the Russian Economy Rises 7.8 Percent

February 15th, 2010 · No Comments · Russia Economy

Industrial output in the Russian economy rose 7.8 percent in January according to the Federal Statistics Service and AP.

The positive Russian economic news marks a high in industrial production since the start of the global recession.

While other BRIC economics have weathered the impact of the global economic downturn fairly well, the Russian economy has struggled badly with Russian GDP (Gross Domestic Product) down 7.9 percent in 2009. At this point, any positive economic news is welcome for the Russian government and Russian economy.

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