: Over the period of January–October 2016, the scale of business activity in the Russian economy was determined by the downward trends displayed by external and domestic demand that had emerged in the course of the previous years. The domestic market was negatively affected by the shrinking...

According to preliminary data released by Rosstat, in Q1 2016, Russia's GDP constituted 98.8% (97.2% a year earlier) against the corresponding period of the previous year. Downward trend in domestic consumption persists although the slump is losing its grip on the economy. Growth in agriculture...