Russia
Russia
Surveys of Russian companies indicated a decline in economic activity.
Russia
According to the Russian Federal State Statistics Service, industrial production in May returned to its previous peak, which was reached in December 2024.
Russia
The Russian Minister of Economic Development has criticized the Central Bank's interest rate policy and stated that Russia is "on the brink of a recession."
Russia
On average, German economic institutes expect Russian economic growth to slow to just 1 percent this year.
Russia
On June 6, the Russian Central Bank—to the surprise of many analysts—cut its key interest rate from 21 to 20 percent.
Russia
The German government’s “Council of Economic Experts” forecasts that the Russian economy will grow by 2.7 percent this year.
Russia
Given the sharp slowdown in the growth rate, some observers are now predicting a “recession” in Russia.
Russia
According to the WIIW, Russia’s economic growth will not slow further in 2026 but will instead pick up again to 2.5 percent.
Russia
The year-over-year growth in real gross domestic product in Russia has slowed noticeably over the past year.
Russia
Finnish experts predict that Russia's economic growth will halve to around 2 percent this year.