16 May 2022 13:20

European Commission projects Russia's GDP will fall 10.4% in 2022, grow 1.5% in 2023

BRUSSELS. May 16 (Interfax) - Russia's economy will fall 10.4% in 2022 and grow 1.5% in 2023, according to the European Commission.

Inflation in Russia according to the commission's forecast will exceed 20% this year and lower to 10% in 2023.