Russian economy grows by 1.3% in Q2 2026

According to Rosstat, Russia's GDP rose by 1.3% in the second quarter of 2026 compared to the same period last year. This growth follows a decline in the first quarter, during which the economy faced challenges.

Sources indicate that the growth was driven by a budget stimulus and rising oil prices. Experts suggest that these factors were crucial for the recovery of the Russian economy during this period.