Date: 7 months ago   Category: Economy

Oreshkin has told about negative impact of decrease in a harvest on GDP growth of Russia — Rambler News Service


GDP of Russia following the results of the III quarter 2018 has increased by 1,3%, but not for 1,8% because of problems with a harvest, the Minister of Economic Development Maxim Oreshkin has said. "Problems with a harvest have exerted serious negative impact on GDP figures. On the third quarter it is minus of 0,5 items, that is without GDP agriculture on the third quarter would grow not for 1,3%, and for 1,8%. On 9 months these figures, respectively, not 1,6, but the same 1,8%" — the press service cites words of Oreshkin. Earlier in the review prepared by the Ministry of Economic Development "A picture of business activity. October, 2018" department reported that that GDP growth in the III quarter will slow down about 1,3% in annual terms. According to the MEDT, the main contribution to GDP growth in the III quarter was made by industrial kinds of activity, transport branch and financial services. At the same time deterioration in dynamics has been caused by a situation in agriculture, "the negative contribution of which to growth rates has made-0,4 items".

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