Russia forecasts 0.6% GDP growth in 2026, inflation at 6.8%
The Ministry of Economic Development of Russia has raised its forecast for Russia's GDP growth in 2026.
Consensus
- The Ministry of Economic Development expects Russia's GDP to grow by 0.6% in 1926.
- The Ministry of Economic Development forecasts inflation to reach 6.8% by the end of 2026.
- The Ministry of Economic Development projects inflation to return to 4% by the end of 1927.
- The Ministry of Economic Development expects GDP growth to reach 1.4% in 1927 and 2.4% by 1929.
- The government approved the medium-term socio-economic development forecast for 2026–2029.
- The baseline budget is based on the macroeconomic forecast, with domestic demand as the main driver of GDP growth.
Points of divergence
- The share of the IT sector in Russia's GDP is expected to reach approximately 3% by 2029, up from 2.5% in 2025. — interfax
- The Central Bank of Russia's inflation forecast for 2026 is 6–7%, and the OECD revised its 2027 GDP growth forecast downward to 0.6% and inflation upward to 6%. — vedomosti
- Prime Minister Mikhail Mishustin stated that domestic demand is the main factor driving GDP growth in 2027. — kommerst
- The government expects economic growth to gradually revive and household income growth to continue, albeit at a slower pace than in 2023–2024. — tg_faridaily24
- The Ministry of Economic Development predicts inflation will return to 4% by the end of the 2027. — tg_rian_ru
- The federal budget revenue is projected to reach 43.3 trillion rubles in 2027 and nearly 48.4 trillion rubles by 2029. — tg_tass_agency
Coverage (15 sources)
- Ministry of Economic Development expects IT sector's contribution to Russian GDP to reach about 3% by 2029 — Интерфакс
- Reshetnikov spoke about scenarios for forecasting GDP dynamics — Интерфакс
- Ministry of Economic Development forecasted inflation at the end of the year at 6.8% — Ведомости
- Government today approved not only tax innovations but also the forecast of socio-economic development of Russia for the near... — Faridaily
- Ministry of Economic Development raised forecast for inflation-2026 to 6.8% from 5.2% — Интерфакс
- Mishustin: Russia's GDP will grow by 1.4% in 2027 — Ведомости
- Mishustin called domestic demand the main factor of GDP growth for 2027 — Коммерсантъ
- Ministry of Economic Development raised forecast for Russia's GDP growth in 2026 — Вести
- Inflation in Russia in 2026 will be 6.8%, and by the end of 2027 it will return to a level of 4%, predicts the Ministry of Economic Development. — РИА Новости (Telegram)
- Growth of GDP in 2027 will be 1.4%, in the future dynamics will accelerate to 2.4% in 2029, said Mishustin. Income budget... — ТАСС (Telegram)
- Growth of GDP in 2027 will be 1.4%, in the future dynamics will accelerate to 2.4% in 2029, said Mishustin. — ТАСС (Telegram)
- Cabinet at Thursday session will discuss macro forecast until 2029 — Интерфакс
- Mishustin stated that GDP growth in 2027 will be 1.4% — Москва 24
- OECD forecasts Russian GDP growth in 2027 at the level of 0.6% — Ведомости
- OECD confirmed forecast of Russian GDP growth in 2026 at the level of 0.5% — Интерфакс
Key entities
- Russia
- Ministry of Economic Development
- Mishustin
- Maxim Reshetnikov
- Moscow
- OECD
- INTERFAX.RU
- Cabinet of Ministers
- IT Sector Share
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