Russia's gross domestic product (GDP) grew by 6.7 percent in 2006, beating the previous year's expansion of 6.4 percent, statistical agency Rosstat said in a preliminary estimate on Wednesday.
The Russian economy, powered by high oil, gas and metals prices, has now posted eight consecutive years of strong growth, bringing nominal GDP to 26.62 trillion roubles - breaking through $1 trillion for the first time. The figure was, however, below a first estimate of 2006 GDP of 6.9 percent given on December 28 by President Vladimir Putin.
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