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Finance Think: Inflation rises to 12.3% on annual basis in Q2 2022

In Q2 2022, GDP increased by 2.8 percent on an annual basis. This growth is similar to the dynamics in 2021, but it is below the expected, it was achieved in conditions of heightened uncertainty resulting from the Russia-Ukraine conflict, as well as amid accelerated price growth. This situation is connected to the low growth in the manufacturing industry (1.5 percent), as well as the prolonged stagnation in construction (0.2 percent), reads an analysis by Finance Think.

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