Skyscrapers of the Moscow International Business Center, also known as "Moskva-City," are seen in Moscow, Russia, Oct. 28, 2019. (Xinhua/Shi Hao)
The decline in economic activity was caused by the paid leave for all Russians and the negative economic conditions abroad.
MOSCOW, May 29 (Xinhua) -- Russian gross domestic product (GDP) shrank by 12 percent year-on-year in April due to coronavirus-related restrictions, the economic development ministry said late Thursday.
The decline in economic activity was caused by the paid leave for all Russians and the negative economic conditions abroad, the ministry said in a monthly report.
Retail trade turnover fell by 23.4 percent year-on-year mainly due to a nosedive in the non-food products segment, which plummeted by 36.7 percent year-on-year in April after a 6.4-percent rise in March.
Industrial production last month decreased by 6.6 percent year-on-year due to the quarantine measures and a reduction in external demand for Russian goods.
Unemployment, excluding seasonal factor, for the first time since June 2016 reached 5.6 percent of the workforce in April after 4.5 percent in March. ■
U.S. attempts to smear, slander China's political system doomed to fail: senior Chinese diplomat
XINHUA`` 2 3
港府英文聲明：美國卑鄙無恥 支持中央反制措施 林鄭：執行維護國安光榮任務 不會被嚇怕
Stand News 立場新聞`` 6 46
明報`` 1 14
AASTOCKS.com`` 0 1
【制裁 11 官】金管局向財金機構發信 稱外國政府制裁在港「無法律效力」
Stand News 立場新聞`` 4 19