MOSCOW, September 10 (RIA Novosti) - Russia's gross domestic product grew 7.8% year-on-year in April-June 2007, reaching 7.648 trillion rubles ($298 billion), the Federal Statistics Service said Monday.
In the second quarter of last year GDP grew 7%, and in the first quarter of 2006 rose 5%.
The first deputy chairman of the Central Bank, Alexei Ulyukayev, said earlier this month that annual GDP was expected to grow 7.5% in 2007, up from an earlier forecast of 7.2%. The World Bank forecasts Russia's 2007 GDP growth at 7%.
In January-July the economy grew 7.9% year-on-year.