"Нет, теперь вы будете меньше есть" (с)

Russia's economy fell into recession in the second quarter amid a decline in manufacturing and construction, data from the Federal Statistics Service showed Friday.

Gross domestic product slipped 0.3% on the previous quarter after a 0.2% drop in the first three months of the year. Two consecutive quarters of contraction is the definition of a technical recession accepted by many economists.

The Federal Statistics Service provided the detailed data for the second quarter Friday. It confirmed that the economy had grown 1.2% in the quarter, confirming preliminary estimates.

Russia's economy ministry last month cut its growth forecast for this year to 1.8%.