Russia enters recession as GDP contracts in first quarter
Russian GDP contracted by 0.2% in the first quarter, marking the first economic decline in three years.
Published 8sem2 sources✓ ConfirmedImportantupdated 8sem
Lire en français
≈ 20s
The fact
This decline occurs amid international sanctions and prolonged geopolitical tensions.
The figure confirms structural difficulties in the Russian economy despite previous optimistic forecasts.
2 sources — click a link to read an article on the topic: