NEWSWATCH: “Russian economic slump shows further signs of easing” – Reuters

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Russia’s GDP is still estimated to fall anywhere between 0.2 percent and 1.5 percent in 2016, depending on estimates, but … recent economic activity … showed that the slump continued to ease and fourth-quarter GDP might be positive.
Retail sales, a barometer of domestic consumer demand, were down 4.8 percent, but the fall was less than the 5.8 percent seen in March and significantly less than the double-digit decline seen in the last months of 2015.
Unemployment also settled, easing to 5.9 percent in April, from 6 percent in the previous month.. Real wages declined 1.7 percent year-on-year, after rising in the previous two months, but the decline was also smaller than in many months of last year.

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