A shift toward higher production may risk a rebound in the Russian economy, making a rapid move into recession more likely unless growth is steadied over time. This view is voiced by Ksenia Yudaeva, First Deputy Governor of the Central Bank, in a discussion highlighted by TASS.
Experts warn that chasing a big surge in output this year could backfire next year as demand pressures rise and inflation accelerates. A smoother, steadier path of development is seen as the wiser route for long term stability and resilience, ensuring that the economy can absorb shocks and sustain growth without abrupt slowdowns.
Yudaeva emphasizes that the key is balancing short term gains with enduring strength. The aim is to align monetary and fiscal policy so that economic expansion remains vibrant yet sustainable, avoiding the tension that often accompanies a sharp shift between immediate efficiency and lasting viability.
In a separate forecast, the central bank leadership has suggested that GDP could dip modestly, with the scope of the decline tied to the latest months’ performance. The projection indicates a potential drop of around three percent or less, contingent on the momentum observed in the final weeks of the year. These outlooks underscore the importance of steady policy management through the end of the current cycle. [Citation: TASS coverage of central bank communications and public remarks]