Russian GDP shrinks by 0.6% in 2016

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News ID: 7507
Asia » Asia
Publish Date: 22:54 - 30 January 2017
The decline of Russia's GDP through 2016 totaled 0.6 percent year-on-year, according to report of the Ministry of Economic Development.
Russian GDP shrinks by 0.6% in 2016Russia's deseasonalized GDP dropped by 0.6 percent in 2016, the Ministry of Economic Development said in a monthly monitoring report published on Monday, Sputnik reported.

"According to the ministry's estimates, the decline through 2016 totaled 0.6 percent year-on-year," the report said.

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