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%.


Other materials on the topic::