EC improves outlook for Russia’s 2022 GDP fall to 5.1%

MOSCOW, Nov 11 (PRIME) -- The European Commission has improved the outlook for the decrease of the Russian gross domestic product (GDP) to 5.1% from 10.4% in 2022, according to a document released on Friday.

The forecast for 2023 deteriorated to a 2.3% decline from a 1.5% rise. The growth in 2024 was forecasted at 0.9%.

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