Economics
Russian Economic Pain Spreads Unevenly as Sanctions Shock Fades
- Stronger ruble supports consumer, business sentiment
- IMF expects a smaller GDP drop in Russia than earlier forecast
Russia's central bank in Moscow.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
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Russia’s economic slide continued in June but didn’t take a turn for the worse, as fresh data underscored the uncertainty about the longer-term impact of sanctions.