29 December 201513:09
Russia’s GDP drops 4% by November
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