Russia’s Economy Contracted by 3.3% in September

Russia’s economy shrank 3.3% year-on-year in September, data showed on Tuesday, following a sharp 3.7% decline in August.

The economy ministry said Q3 saw the Russin economy shrink 3.8% year-on-year, compared with an 8% drop in Q2.

Added that the economy fell 3.5% in the first nine months of this year.