Russia Cuts 2026 GDP Growth Forecast After Weak Quarter

Russia has lowered its economic growth forecast for 2026, reducing its GDP growth projection from 1.3% to 0.4%. This revision comes after a weak economic quarter.

12 May, 09:57 — 12 May, 09:57

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meduza6h ago

Russia cuts 2026 GDP growth forecast to 0.4% from 1.3%

Russia’s government has sharply revised down its economic growth forecast for 2026. Deputy Prime Minister Alexander Novak now says the economy is expected to grow just 0.4 percent — down from the 1.3 percent the Economic Development Ministry projected in September.

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First report: meduza · 12 May, 09:57|Full coverage: 2 · 4h|Window: 4h

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meduza12 May, 09:57First to report

Russia cuts 2026 GDP growth forecast to 0.4% from 1.3%

4h later

delfi-lt12 May, 13:55Latest update

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Russia Cuts 2026 GDP Growth Forecast After Weak Quarter

Sources

Russia cuts 2026 GDP growth forecast to 0.4% from 1.3%

Coverage Timeline

Russia cuts 2026 GDP growth forecast to 0.4% from 1.3%

Po silpno ketvirčio Rusija mažina ekonomikos augimo prognozę

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