Tag: Economic growth

Russia’s Ministry of Finance is projecting steady GDP growth of more than 4% in 2021, while raising the outlook for inflation to more than 5%, Vedomosti newspaper reported on Wednesday, citing officials. … Read More >Russian finance ministry expects country’s economy to grow 4% this year – report

The Russian Ministry of Economic Development and Trade has raised its forecast for the growth of the country’s economy in 2021, despite new administrative restrictions on business activity due to the third wave of the pandemic. … Read More >Russia raises GDP growth outlook as economy recovers faster than expected

Russia’s gross domestic product (GDP) saw a year-on-year growth of 10.9% in May as the country gradually recovers from the Covid-19 pandemic, the economy ministry announced on Thursday. … Read More >Russia’s economic growth speeds up to nearly 11% in May

International rating agency Fitch has raised its forecast for Russia’s economic growth this year from 3.3% to 3.7%, saying GDP growth will accelerate to 5.5% in the second half of 2021. … Read More >Fitch Ratings upgrades Russia’s economic outlook for 2021

Russia’s gross domestic product (GDP) expanded 10.7% year-on-year in April, according to the Ministry of Economic Development, which projected an “anomalously high” GDP growth for May. … Read More >Russian economy continues to rebound with huge surge in May