Russia's GDP growth in 2026 expected at up to 1.3%, inflation at target level
Inflation will be at the target level of 4.5%, the deputy prime minister said.
Russia’s economic growth is expected at the level of 1-1.3% this year, while inflation will be at the target level of 4.5%, Deputy Prime Minister Alexander Novak said.
"As for 2026, we expect gross domestic product to grow by 1-1.3%, driven primarily by domestic drivers. Inflation will be at the target level of 4.5%," he said at a meeting of the Federation Council Economic Policy Committee.
Industrial production growth is expected at 2.3% this year, Novak added.
Source
Russia’s economic growth is expected at the level of 1-1.3% this year, while inflation will be at the target level of 4.5%, Deputy Prime Minister Alexander Novak said.
"As for 2026, we expect gross domestic product to grow by 1-1.3%, driven primarily by domestic drivers. Inflation will be at the target level of 4.5%," he said at a meeting of the Federation Council Economic Policy Committee.
Industrial production growth is expected at 2.3% this year, Novak added.
Source