Abstract
As seen by the period-end results of Q4 2019, the manufacturing and extractive sectors of the Russian economy once again displayed a near-zero growth, while production of electric energy, gas and water declined. Growth slowdown in the extractive sector occurred as a result of the implementation of the OPEC+ deal concerning daily oil production cuts, coupled with shrinking demand for Russia’s natural gas and coal exports. Growth in the manufacturing sector was displayed by the food industry, chemical production, and metallurgy.
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