Fresh Data Shows Russian Economy Suffering Broad Slowdown

Item

New data suggests that the Russian economy is contracting, particularly its manufacturing and service sectors. Economic slowdown, though an expected consequence of the pandemic, has the potential to wreak long-term havoc on the economy if the government doesn't provide adequate stimulus measures.
Title
Fresh Data Shows Russian Economy Suffering Broad Slowdown
Date
November 5, 2020
Description
New data suggests that the Russian economy is contracting, particularly its manufacturing and service sectors. Economic slowdown, though an expected consequence of the pandemic, has the potential to wreak long-term havoc on the economy if the government doesn't provide adequate stimulus measures.
Source
https://www.themoscowtimes.com/2020/11/05/fresh-data-shows-russian-economy-suffering-broad-slowdown-a71961
Creator
Ben Aris

Tags

economy
Economics
stimulus
COVID-19
coronavirus
National Wealth Fund
recession
manufacturing