Off the wire
Vietnam discussing postponement of new Penal Code due to "errors"  • Three tourist attractions in Vietnam named among 50 most beautiful places in Asia  • Wealth gap grows in New Zealand  • Incoming Duterte administration mulls using cable cars to ease Metro traffic  • 1st LD Writethru: Cambodia's ruling party not to support arbitration court's decision over South China Sea: PM  • China committed to manufacturing upgrade: premier  • More Thai airline plans to fly Myanmar  • China Exclusive: Airbnb shares optimism on China  • Tokyo stocks retreat in morning as Brexit decision weighs  • Wimbledon Tennis order of play  
You are here:   Home

Russian economy contracts 1 pct in January-May

Xinhua, June 28, 2016 Adjust font size:

The Russian economy contracted 1 percent year on year in the first five months of 2016, the Ministry of Economic Development said Tuesday.

In May 2016, it shrank 0.8 percent year on year and 0.1 percent month on month, said the ministry.

It predicted a contraction of 0.2 percent for the whole year of 2016. Endi