Russia's central bank reveals GDP is shrinking, in a sign Putin's war economy has slipped into recession - Fortune
September 13, 2025 Fortune

Russia's central bank reveals GDP is shrinking, in a sign Putin's war economy has slipped into recession - Fortune

The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession, even after its own data showed GDP has been shrinking this year.The latest cut brought rates down …