"The index of the physical volume of the gross domestic product in the III quarter of 2021 relative to the corresponding period of 2020, according to preliminary estimates, amounted to 104.3%," the statistical office quotes the agency.

At the same time, the Ministry of Economic Development and Trade estimated GDP growth in the third quarter at 4%.

Russian President Vladimir Putin, speaking via video link at the APEC summit, said that in 2021, GDP growth could reach 4.7%.