Russia GDP growth slows to 0.5% y/y in September, weakest since May

Russia's GDP grew 0.5% y/y in September, down from 0.8% in August and the lowest since May, per the Ministry of Economic Development. The slowdown continues a trend of decelerating growth since March's 1.9% peak, with early-year contractions. This suggests cooling economic momentum, likely reflecting tighter monetary policy and external constraints.

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