The Russian economy shrank 3.8% y-o-y in October-December 2015, the first GDP estimate for October-December 2015, which the Federal State Statistics Service published last Friday, showed.
The statistical authority also assessed GDP numbers for 2015 for the second time. According to these data, Russian GDP totaled Rub 80,804.3 bln in current prices.
Meanwhile, the GDP contraction estimate was left at 3.7%, as according to the first estimate.
