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World

Russian economy shrinks 0.3pc y/y in Nov

Published January 15, 2018 Updated January 15, 2018 12:44pm

MOSCOW: Russia's gross domestic product shrank 0.3 percent year on year in November, the economy ministry said on Monday, after growing 1.0 percent in October.

In the whole of 2017 GDP grew by 1.4-1.8 percent, the ministry said.

The ministry also said in a monthly report it expected annual inflation in Russia to stay between 2.3 and 2.5 percent in January.

 

 

Copyright Reuters, 2018
 

 

 

 

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