This is stated in the press release of the agency.
“Lower oil prices, lower oil production under the OPEC + agreement and the negative consequences of the COVID-19 pandemic will lead to a 4.8% decline in the Russian economy in 2020,” the report said.
It is noted that a strong political foundation, including a flexible exchange rate, as well as the level of external and internal balance, should enable the economy to cope with these shocks.
Earlier, Rosstat reported a decrease in real incomes of Russians.