Russian Central Bank Cuts 2026 GDP Forecast and Expects Inflation
Governor Elvira Nabiullina announced the revision as a domestic fuel crisis drives up prices across goods and services.
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According to Euronews, Russia's central bank has reduced its 2026 gross domestic product growth forecast to a range of zero to one percent. Central bank head Elvira Nabiullina stated that the institution also anticipates faster inflation driven by a fuel crisis that is pushing up prices for numerous goods and services in the country.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.