Finance
Russian GDP up 1.4% in March, economy ministry says
Published by Global Banking & Finance Review®
Posted on April 30, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 30, 2025
1 min readLast updated: January 24, 2026
Russia's GDP increased by 1.4% in March, with the economy ministry forecasting 2.5% growth for 2025, while economists predict a slowdown.
MOSCOW (Reuters) -Russia's gross domestic product (GDP) grew by 1.4% in March year-on-year after expanding by 0.7% in February, the economy ministry said on Wednesday.
For the first quarter this year, GDP grew by 1.7% in year-on-year terms compared to growth of 5.4% in January-March 2024, the ministry said.
Economists in a Reuters poll said they see growth slowing to 1.6% in 2025, down from 4.3% in 2024.
The economy ministry forecast 2025 annual growth of 2.5%, compared with a central bank prediction of 1-2%.
(Editing by Andrew Osborn)
Russia's GDP grew by 1.4% in March year-on-year, following a 0.7% increase in February.
For the first quarter of 2025, GDP grew by 1.7% year-on-year, a decrease from 5.4% in January-March 2024.
Economists predict that growth will slow to 1.6% in 2025, down from 4.3% in 2024.
The economy ministry forecasts an annual growth of 2.5% for 2025, while the central bank predicts growth of 1-2%.
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