Russia’s GDP drops 4% by November
29 December 2015 (13:09)
UrBC, Moscow, December 29, 2015. Russia’s GDP dropped by 4% in November 2015 compared with January 2015 (by 3.8% in October 2015 compared with the start of the year), Prime refers to the Economic Development Ministry as stating.
‘The preliminary data we have for November indicate a downward economic trend. The country’s GDP declined by -.3% on the previous month, seasonal factors notwithstanding,’ the ministry says.
It is reported all the economic indicators went down last month: the industrial production sector shrank by .6% after a short-lived slight growth period, the agricultural sector output declined by .9%, and that in the building industry decreased by .2%.
‘The preliminary data we have for November indicate a downward economic trend. The country’s GDP declined by -.3% on the previous month, seasonal factors notwithstanding,’ the ministry says.
It is reported all the economic indicators went down last month: the industrial production sector shrank by .6% after a short-lived slight growth period, the agricultural sector output declined by .9%, and that in the building industry decreased by .2%.
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