According to Russian Security Council Deputy Secretary Alexey Shevtsov, the situation has led to an economic downturn characterized by a shift from stagnation to recession. He further reported associated declines in industrial output and employment figures, though independent verification of these specific metrics is not provided in the summary.
Russian stock market declines at start of trading session
Summary
According to trading data as of 9:00 a.m., the MOEX Index and the RTS Index were down 0.53% at 2,300.19 and 853.44 points, respectively
Actors involved
Sources
- TASS (Russia)(Russian State)
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