Russia’s economic growth outlook has been downgraded, reflecting softer momentum and rising uncertainty across key sectors, according to a recent analyst survey.
The revised forecast aligns with earlier signals from officials suggesting a potential reassessment of the country’s economic trajectory.
Authorities had initially targeted 1.3% expansion for 2026, maintaining a cautiously optimistic stance despite mounting headwinds.
Economy Minister Maxim Reshetnikov recently acknowledged that the official outlook may be revised, citing a “tough” first half of the year.
Market observers highlight weakening domestic demand and external pressures as key factors influencing the downward revision.
The latest projections underscore growing concerns about the sustainability of near-term growth, with analysts adopting a more conservative outlook.
Further updates are expected in April, when officials may formalize adjustments to reflect evolving economic conditions.
