The European Commission's forecast for Russia's GDP growth has changed from 2.9 to 2.5%

15th of November. /MEDIA TALK/. According to the European Economic Forecast for November published today, Russia's GDP growth is expected to reach 3.5% by the end of the year. Previously, the forecast values were 2.9%. Growth is expected to slow down to 1.8% next year (instead of 1.7%), and 1.6% in 2026.


Photo: ru.freepik.com

The report noted that "the accelerated economic growth, which has been recorded since the end of 2023, continued in the first half of 2024 thanks to sustainable private consumption and investment. Consumption growth was driven by wage growth, which in real terms amounted to 12.6% in March."Other factors that influenced economic growth include subsidized loans, the departure of foreign companies and increased private investment.

The day before, we told you that according to the updated assessment of the Ministry of Economic Development, Russia's GDP for 9 months amounted to 4.2%.