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Russia’s economy grew 1% in 2025, slowed by anti-inflation measures, with inflation easing to 5.6% but rising slightly in early 2026.
Russia’s economy grew 1% in 2025, slowing from 4.3% in 2024, President Putin said, attributing the deceleration to measures controlling inflation, which fell to 5.6% from 9.5% in 2024.
Inflation rose slightly to 6.4% in early 2026 due to tax changes.
Officials project 2026 growth of 1% to 1.3% and inflation easing to 4%–4.5%.
Industrial output rose 2.8%, and real wages increased 4.5%.
The central bank cut its benchmark rate to 16% as inflation eased, but long-term stability remains challenged by sanctions, high military spending, and declining oil and gas revenues.
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La economía de Rusia creció un 1% en 2025, desacelerada por las medidas antiinflacionarias, con una inflación que disminuyó al 5,6%, pero aumentó ligeramente a principios de 2026.