Putin: Russia's GDP Grew 0.2% in First Five Months
Russia's GDP grew by 0.3% in May and by 0.2% for the first five months of the year, Putin said.
Consensus
- Russia's GDP grew by 0.2% from January to May 2026.
- The growth in May 2026 was 0.3%.
- Vladimir Putin made the announcement during an economic meeting in the Kremlin.
- The Ministry of Economic Development assessed the May growth as modest but positive.
- The Russian economy remains stable overall, according to the president and his press secretary.
- The federal budget was executed with a surplus of 196 billion rubles in June.
Points of divergence
- Putin stated that inflation in Russia for 2026 is expected at 5.2% and compared Russia's government debt of 16% of GDP to the Eurozone's around 90%. — vedomosti
- Putin described the state of key economic sectors as stable, despite external attempts to destabilize the fuel and energy complex and other sectors. — m24
- The Kremlin press secretary, Dmitry Peskov, expressed confidence that current economic growth rates are insufficient. — m24
Coverage (3 sources)
- Putin: Russia's GDP grew by 0.2% over five months of the year — Ведомости
- Russian GDP grew by 0.3% in May; for the first five months of the year it rose by 0.2%, Putin said — РИА Новости (Telegram)
- Putin reported on growth of Russian GDP by 0.2% for 5 months of 2026 — Москва 24