Russian economy showing signs of recovery – data

May 6th 2023 6:02am EDT

Despite forecasts of a steeper drop, GDP saw a year-on-year decline of 2.2% in the first quarter of 2023 Russia’s economy posted a better than expected 2.2% GDP drop from January through March in annual terms, statistics from the Economy Ministry have shown.  According to the ministry, the Russian economy shrank by 1.1% year-on-year in […]

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