TASS6/19/2026Business1 min readRussia
Bank of Russia expects GDP to grow by 0.5% by end of H1 2026
Quick Look
- The Bank of Russia anticipates a GDP increase of 0.5% by the end of the first six months of 2026, according to Central Bank chief Elvira Nabiullina.
- The economy has already entered positive territory in April, with an estimated growth of 0.3% from January to April.
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Why It Matters
The Bank of Russia has released its latest economic projections following a Board meeting.
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MOSCOW, June 19. /TASS/. The Bank of Russia expects that the national GDP will tick up by 0.5% as of the end of the first six months of 2026, Central Bank chief Elvira Nabiullina said at the press conference after the Board meeting.
"April already brought GDP to the positive area. We estimate economic growth at 0.3% in January - April in general. We expect [growth] to be at abut 0.5 percentage point as of the end of six months," she noted.
The economy continues its moderate growth overall in the first six months of the year, the Central Bank chief added.
Open Questions
- What factors are driving the projected GDP growth?
- What are the specific sectors expected to contribute to the growth?
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This article was originally published by TASS.
