Economic Indicators
Russia’s economy in May fell 4.3% year on year
2022.06.30 08:41
FILE PHOTO: Pedestrians walk across Nevsky Avenue in central Saint Petersburg, Russia May 28, 2022. REUTERS/Anton Vaganov
(Reuters) – Russia’s economy shrank by 4.3% in May year on year after falling by a revised 2.8% in April, the economy ministry said on Thursday.
In January through May, the economic growth was 0.5% in year-on-year terms, the ministry said.