Russias industrial growth stood at 7.8% in July and 7.7% in 7M07, Economic Development and Trade Minister German Gref said at a meeting of Russian President Vladimir with Russian ministers. Gref stressed that processing industries rose 12.5% and the extraction industries grew a mere 1.5%. Thus, the processing productions currently act as a growth driver for the national industry, he pointed out.
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[Source: Russian Stock Market Blog]
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