The Investor
12 Sep 2026, 08:20
Russia’s Economy Returns to Growth as Inflation Rises to 6.3%
Russia’s economy expanded 1.3% year over year in the second quarter, matching market expectations and marking a sharp improvement from the 0.2% contraction recorded previously.
Inflation data showed a mixed picture. Annual consumer price inflation accelerated to 6.3% in August from 6.0%, in line with forecasts. On a monthly basis, however, consumer prices declined 0.1%, reversing the previous 0.5% increase.
The figures point to an improving growth backdrop alongside persistent annual inflation pressures.
Russia’s economy expanded 1.3% year over year in the second quarter, matching market expectations and marking a sharp improvement from the 0.2% contraction recorded previously.
Inflation data showed a mixed picture. Annual consumer price inflation accelerated to 6.3% in August from 6.0%, in line with forecasts. On a monthly basis, however, consumer prices declined 0.1%, reversing the previous 0.5% increase.
The figures point to an improving growth backdrop alongside persistent annual inflation pressures.
