Russian GDP to grow 1.4% in 2027, Novak says
Deputy Prime Minister Alexander Novak also said inflation could reach 6.8% by the end of this year.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
Russia's gross domestic product is projected to grow by 1.4% in 2027, according to Deputy Prime Minister Alexander Novak, as reported by TASS.
Novak also noted that inflation in Russia may total 6.8% by the end of the current year, offering a snapshot of the government's near-term economic outlook.
The deputy prime minister did not provide additional detail on the specific factors expected to drive the projected growth or the assumptions underlying the inflation estimate.
The figures come as Russian officials continue to publicize economic forecasts amid ongoing Western sanctions and broader uncertainty surrounding the country's economic trajectory.
Sources
- Russian GDP to grow by 1.4% in 2027 — Novak — TASS (Russia)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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