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Russia economy in first contraction since 2009
Manufacturing, investment shrink amid rouble's worst rout in a decade; GDP falls 0.5% in November from a year earlier
Add BT as a preferred sourcePublished Mon, Dec 29, 2014 · 09:50 PM
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Moscow
RUSSIA's economy had its first decline since October 2009 last month as manufacturing and investment shrank amid the rouble's worst rout in a decade.
Gross domestic product shrank 0.5 per cent in November from a year earlier after a 0.5 per cent increase in October, the Economy Ministry in Moscow said in a report on its website. Seasonally adjusted GDP fell 0.2 per cent in the month after a 0.1 per cent advance in October.
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