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The Moscow Times
The Moscow Times
International · 54 mins ago
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Russian Economy Shrinks in the First Quarter
75Accuracy
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Accuracy 75/100
Partisan intensity 25/100
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Centre / Neutral ✓ Fair headline

Russia's economy contracted by 0.5% in the first quarter, falling short of the Central Bank's earlier forecast of 1.6% annualized growth for the period.

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Russian Economy Shrinks in the First Quarter
The 0.5% contraction in GDP significantly missed the Central Bank’s earlier projection of 1.6% annualized growth for the period.
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