Russian Growth Forecasts Trimmed as Recession Risks Rise

Russia’s economy will probably grow less than previously forecast from April to September as risks mount of a recession in the world’s largest energy exporter.

Gross domestic product will advance 3 percent from a year earlier in the third quarter compared with 2 percent in the second, the median of 15 estimates in a Bloomberg survey showed. That’s down from 3.1 percent and 2.1 percent in June’s poll. There’s a 30 percent chance of a recession next year, up from 20 percent a month ago, according to a survey of 13 economists.