According to Jin10 data on November 13, Russia's third-quarter GDP growth slowed to 0.9% year-over-year, down from 1.3% in Q2, as Ukrainian drone strikes damaged industrial facilities and disrupted logistics. The Russian Federal State Statistics Service reported that refinery output plunged 18% year-over-year in Q3, the steepest quarterly decline since 2020, due to shuttered refineries.

Oxford Economics analyst Tatiana Orlova estimated that the reduction in Russian crude oil and petroleum product exports dampened Q3 total export growth by approximately 3.75 percentage points and dragged GDP growth down by about 0.7 percentage points.

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