Russia slashes 2026 growth forecast but keeps oil price target unchanged
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Russia has reduced its forecast for economic growth in 2026, with one report specifying a decrease from 1.3% to 0.4%. The country's central bank has also lowered a key interest rate, though reports vary on the new rate, citing either 14.25% or 14.5%. Russia's economy appears to be facing significant pressures, including sanctions and the impact of drone strikes on its oil output and exports.
Full coverage
12345678