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ECONOMY Although Argentina's GDP growth slowed in the first three months of this year, its robust performance continues. GDP rose by around 2% in the quarter, to stand 8.1% higher than a year before. Russia's annual rate of consumer-price inflation fell to 14.6% in May; in May 1996 it was 58.5%. Inflation in Hungary and the Czech Republic also slowed a bit in May.
This article appeared in the Economic & financial indicators section of the print edition under the headline “ECONOMY”
From the June 14th 1997 edition
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