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The fall of Russia’s GDP stopped

Падение ВВП России остановилось

The fall in GDP in the June 2016 with the exception of seasonal factors stopped. About it it is told in monitoring of Ministry of economic development.

The pace of decline in GDP was in April of -0.8% in may, down 0.6% in June, of 0.5%. Seasonally cleaning the decline is almost stopped (April -0,2%, may -0,1% June – 0%). Such information contains in the message of Department.

The main impact of the slowdown of economic recession in the 2nd quarter had industrial production, transport, agriculture. Negative effects continue to provide the construction and retail trade. The decline in GDP in the 2nd quarter of 2016 amounted to 0.6% in the 1st half is 0.9%.

Earlier, the Minister of economic development of Russia Alexei Ulyukayev said that GDP growth in Russia will soon come out in the positive plane. According to him, the situation in the real sector of the economy is improving, and the dynamics of industrial production came in positive plane.

According to the Russian Ministry of economic development, in 2016, will see a decline in GDP of 0.2%.

Earlier, Deputy Minister of the Ministry of Finance Maxim Oreshkin said that does not preclude the growth of Russian GDP in the current year in case of preservation of positive factors in the external economic environment.

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