The growth in Russia’s gross domestic product (GDP) in the second quarter of 2023 was 4.9% on an annual basis. Such data has been published Rosstat.
The Statistics Service raised its forecast for the decline in Russia’s GDP in the first quarter of 2023 from 1.9% to 1.8% on an annual basis. When calculating, experts used special industry statistics indicators that show an increase in production. Among the most successful: passenger turnover (19.8% increase) and wholesale trade (12.5% increase). As well as manufacturing, construction, agriculture and mining.
11 August Central Bank judicial Three scenarios for the development of the Russian economy: grassroots, increased fragmentation and risky. According to the forecasts of the credit institution, by the end of 2023 Russia’s GDP will increase by 1.5-2.5%. Inflation should return to the 4% target by 2024. This will help monetary policy.
former Central Bank increased sharply key rate to 8.5%.