Russian Economy Grew 2.4% in June, Most in 19 Months, VTB Indicator Shows

Russia’s economy expanded an annual 2.4 percent last month, the fastest pace since November 2008, VTB Capital said.

The data “points to a continued recovery across the Russian manufaturing and service sectors,” VTB Capital said in its monthly GDP Indicator report.

To contact the reporter on this story: Paul Abelsky in Moscow at pabelsky@bloomberg.net

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