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Russia's economy contracts for first time in three years in Q1 2026
Russia's GDP fell 0.3%-0.5% in Q1 2026, its first contraction in three years. VAT hikes, labor shortages, and high rates drove the miss.
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straitstimes.com
Russia’s economy posts first quarterly decline in three years
Russia's economy is facing mounting strain from its war in Ukraine and sanctions. Read more at straitstimes.com. Read more at straitstimes.com.
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cryptobriefing.com
Russia's economy contracts for first time in three years in Q1 2026
Russia's GDP fell 0.3%-0.5% in Q1 2026, its first contraction in three years. VAT hikes, labor shortages, and high rates drove the miss.