EconomyFACTBOX: Economic Development Ministry’s forecast, oil prices, inflation, GDP
Russia’s Economic Development Ministry raised its year-end inflation forecast to 6.8% and lifted its 2026 GDP growth estimate to 0.6%. It projects real household income growth of 0.8% in 2026 and 1.5% in 2027, while Brent crude is forecast at $73 per barrel in 2027 and $66 by 2029.
FACTBOX: Economic Development Ministry’s forecast, oil prices, inflation, GDP