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Free AccessPM Says GDP Grew 2.8% in Jan-Sep
Russia's GDP for January-September 2023, according to preliminary estimates, grew 2.8% while annualised growth exceeded 5% in September, Prime Minister Mishustin said at a meeting on economic issues according to Interfax.
- "Based on the results of 9 months, the increase in GDP was 2.8%. This is a preliminary estimate from the Ministry of Economic Development. If we take September separately, the growth rate was almost twice as high; more than 5% in annual terms," he said during his assessment of economic dynamics for January through September.
- The Ministry of Economic Development in September raised the forecast for Russian GDP growth in 2023 to 2.8% from 1.2% in the April edition. Last week, the Central Bank raised its forecast for GDP growth in 2023 to 2.2-2.7% from 1.5-2.5%.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.