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Russian economic growth slows to 1.6% in March -economy ministry
Abstract：(Reuters) – Russian economic growth slowed to 1.6% in March from 4.3% in February, the economy ministry said on Wednesday.
div classBodysc17zpet90 cdBBJodivpReuters – Russian economic growth slowed to 1.6 in March from 4.3 in February, the economy ministry said on Wednesday.p
pIn the first quarter, the economy expanded by 3.7 in yearonyear terms, the ministry said.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pRussia expects the economy to contract by 8.8 in 2022 in its base case scenario, or by 12.4 under a more conservative scenario, an economy ministry document showed on Wednesday, further evidence that sanctions pressures are taking their toll.p
p
pp Reporting by Reuters Editing by Chris Reesep
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