Photo by Colin Watts / Unsplash

Bloomberg believes that the worst for Russia's economy is yet to come

economy Nov 17, 2022

Analysts polled by the agency believe that Russia's GDP in the first quarter of 2023 will fall by 8%. This will be the peak of the recession.

According to the forecast, the recession in the Russian economy will last 2 years: a fall of 3.5% in 2022 and 2% in 2023.

Tags