Russia’s Economy Contracts Sharply as War and Sanctions Take Hold

By Eshe Nelson and Patricia Cohen The country’s gross domestic product from April through June declined 4 percent from a year earlier, new government data shows.

Source: Russia’s Economy Contracts Sharply as War and Sanctions Take Hold

Category: Russian Invasion of Ukraine (2022), War and Armed Conflicts, Ruble (Currency), Economic Conditions and Trends, Oil (Petroleum) and Gasoline, Interest Rates, Inflation (Economics), Gross Domestic Product, Moscow (Russia), Russia