Putin announced the growth of the Russian economy, despite the slowdown in GDP

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Putin announced the growth of the Russian economy, despite the slowdown in GDP
October 28th. /MEDIA TALK/. On Monday, October 28, Russian President Vladimir Putin said that the state's economy continues to grow despite the slowdown in GDP in July-September. This was reported by the Kremlin's press service.

At today's meeting on economic issues, Putin noted that in the first eight months GDP increased by 4.2%, and by the end of the year the indicator is expected to reach 3.9%. In this case, the value will be higher than the global average, he stressed.


Photo: ru.freepik.com

The president called sanctions and "his own structural limitations" difficulties affecting the Russian economy. The positive dynamics in the industry has a positive effect on the situation, the head of state added.

In addition, Putin pointed out the imbalances that affect the cost of goods. He attributed to them the shortage of workers and technologies, logistics and external restrictions.

Recall that in September, the OECD improved the forecast for Russian GDP growth. The indicators for 2024 and 2025 were increased from 2.6 and 1 to 3.7 and 1.1%, respectively.
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