The Central Bank of Russia has moved to stimulate growth by cutting its benchmark interest rate for the fifth consecutive time. But new data suggests the slowdown is already under way. Russia’s GDP contracted by 1.8% in the first two months of the year, with key sectors like manufacturing, industrial output, and construction all in decline. Dasha Chernyshova reports.
You may also like
Whatfinger’s Unfiltered Guide to the Top 64 Fantasy Novels
Our not so daily newsletter. More like weekly…
