Economy ministry says Russia’s GDP shrinks by 4.3% in May - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Economy ministry says Russia’s GDP shrinks by 4.3% in May

MOSCOW, Jun 30 (PRIME) -- Russia’s gross domestic product (GDP) fell by 4.3% on the year in May after a 2.8% contraction in April with transport and logistics restrictions as well as low internal demand playing the key roles, the Economic Development Ministry said in a statement on Thursday.

In January–April, the GDP gained 0.5%.

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30.06.2022 08:38