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Saturday, 3 October 2026

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Russian economy grows by 1.3% in Q2 2026

Russia's GDP increased by 1.3% in the second quarter of 2026, according to preliminary data from Rosstat.

Archive photo: Russian economy grows by 1.3% in Q2 2026
Archive photoPhoto: LokiiT · Wikimedia Commons · CC BY 3.0

According to Rosstat, Russia's GDP rose by 1.3% in the second quarter of 2026 compared to the same period last year. This growth follows a decline in the first quarter, during which the economy faced challenges.

Sources indicate that the growth was driven by a budget stimulus and rising oil prices. Experts suggest that these factors were crucial for the recovery of the Russian economy during this period.