Agency sees Russia’s GDP falling by under 5% in 2022

MOSCOW, Sep 27 (PRIME) -- Russia’s gross domestic product (GDP) will fall by less than 5% in 2022, and will continue to contract at a slower pace in 2023, Director of Analytical Credit Rating Agency (ACRA) Mikhail Sukhov told PRIME on Tuesday.

“By the end of the year, GDP will fall by less than 5%. In 2023, the decrease will possibly continue at a slower pace than in 2022,” he said.

Sukhov sees main risks in technological problems during upgrade of production chains.

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