Russia's September growth hits 0.9 pct: economic ministry-Xinhua

Russia's September growth hits 0.9 pct: economic ministry

Source: Xinhua

Editor: huaxia

2025-10-30 10:16:45

MOSCOW, Oct. 29 (Xinhua) -- Russia's GDP grew by 0.9 percent year-on-year in September 2025, following August's 0.4 percent expansion, the Ministry of Economic Development said in a Wednesday report.

According to the ministry, Russia's GDP rose by 0.6 percent in the third quarter of 2025. It also estimates that GDP growth reached 1 percent in the first nine months of 2025.

In September, the ministry lowered its 2025 GDP growth forecast to 1 percent from the 2.5 percent projected in April. It also cut the 2026 forecast to 1.3 percent from 2.4 percent.