MOSCOW, Nov. 6 (Xinhua) — Russia’s GDP growth is estimated to slow to 0.4 percent year on year in the third quarter of 2025, lower than the previous forecast of 1.6 percent in July, Russia’s central bank said Thursday.
According to the central bank, in the fourth quarter, the year-on-year GDP growth rate is expected to be in the range of minus 0.5 to 0.5 percent, due to factors including the high base effect.
The economy is projected to expand by 0.5 to 1 percent in 2025 and by 0.5 to 1.5 percent in 2026, supported by moderate growth in consumer and investment demand, it said.
Investment activity continued to increase in the third quarter of 2025, though at a more moderate pace compared with the previous two years, the central bank said.
