February 3, 2020 / 1:04 PM / 25 days ago

Russia's 2019 economic growth at 1.3% - stats service

MOSCOW, Feb 3 (Reuters) - The Russian economy grew by 1.3% in 2019, slightly above expectations, according to the first estimate provided by the state statistics service on Monday.

Analysts polled by Reuters in late 2019 expected Russia’s GDP to expand by 1.2% while the central bank predicted that the economy will grow by no more than 1.3%.

In 2018, Russia’s economy expanded by 2.5%. (Reporting by Andrey Ostroukh; editing by Maria Kiselyova)

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