Aleksei Novak noted that the economic situation remains fully under… (экономика · ситуация · рынок)
Aleksei Novak noted that the economic situation remains fully under control and instructed to continue monitoring key macroeconomic indicators for timely responses to external and internal challenges. The Cabinet of Ministers also reported that the Ministry of Finance was tasked with reporting on the state of the financial market in the context of implementing the federal project 'Development of Financial Markets' as part of the national project 'Effective and Competitive Economy'.
Consensus
- Alexander Novak, Russian vice prime minister, declared that the economic situation in Russia is fully under control.
- A government meeting was held to review the current state of the economy.
- Monitoring of key macroeconomic indicators has been ordered for timely response to challenges.
- The Ministry of Finance was tasked with reporting on the stock market situation within the framework of the national project 'Development of Financial Markets'.
- The discussion included data from Rosstat for January–May 2026 and June operational indicators, including consumer markets, labor market, industrial production, credit growth, and federal budget parameters.
Points of divergence
- According to the Ministry of Economic Development, GDP grew by 0.3% in May and by 0.2% over five months, with consumer activity being a key driver, as retail turnover, paid services, and catering rose 4.5% year-on-year from January–May. — riamo
- The Central Bank of Russia's Chairperson Elvira Nabiullina previously voiced the main constraint for the Russian economy. — vesti
Coverage (2 sources)
- Novak states that the economic situation in Russia remains fully under control — РИАМО
- Novak says the economic situation is fully under control — Вести