Moscow: Russia's seasonally-adjusted gross domestic product (GDP) increased by 0.1 percent in October, Economy Minister Aleksey Ulyukayev announced on Wednesday.
"By the end of 2015, the decline in GDP might be less than what the ministry had predicted," Xinhua quoted Ulyukayev as saying.
Ulyukayev described the current situation of the Russian industry as stagnation.
The European Union's sanctions have had a negative impact on the Russian GDP, he said.
Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.
