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Russian GDP down 3.4% in first half of 2015 — report

August 19, 2015, 20:21 UTC+3 MOSCOW
According to the Economic Development Ministry, GDP will decline by 2.8% in 2015
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© TASS/Artiom Geodakyan

MOSCOW, August 19. /TASS/. Russian GDP dropped by 3.4% in the first half of 2015, the state statistics service Rosstat reported on Wednesday.

The estimate by the national statistics service is coincident with that by the Economic Development Ministry, which also reported GDP in Russia decreased by 3.4% in 1H 2015 year-on-year.

As was reported earlier, Russian GDP dropped by 4.6% in physical terms in the second quarter of 2015 year-on-year, Rosstat said.

According to the Economic Development Ministry, GDP will decline by 2.8% in 2015.

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