“The situation on the labor market remains stable.

The unemployment rate (according to the ILO methodology) has been at historical lows for the third month in a row - 3.9% of the labor force in July,” the review “On the Current Situation in the Russian Economy” notes.

The Ministry of Economic Development said that in July the decline in GDP slowed down from 4.9% to 4.3%.

Earlier, Rosstat recorded a decrease in food prices (deflation) by 0.16% in Russia over the past week.