Russia Month-to-month GDP YoY

The Russian economic system superior 5.3% year-on-year in June of 2023, following a 5.4% enlargement in Might after the Russian economic system grew essentially the most since January of 2022. It marked the third consecutive months of progress after the GDP stayed in contraction for 12 straight months. In comparison with the earlier month, the GDP edged up by a seasonally adjusted 0.04% after a 1.4% improve within the prior month. supply: Ministry of Financial Improvement

Month-to-month GDP YoY in Russia averaged 1.54 p.c from 2005 till 2023, reaching an all time excessive of 11.60 p.c in Might of 2021 and a document low of -11.80 p.c in Might of 2009. This web page features a chart with historic knowledge for Russia Month-to-month GDP YoY. Russia Month-to-month GDP YoY – knowledge, historic chart, forecasts and calendar of releases – was final up to date on August of 2023.

Month-to-month GDP YoY in Russia is anticipated to be 3.60 p.c by the tip of this quarter, in line with Buying and selling Economics world macro fashions and analysts expectations. Within the long-term, the Russia Month-to-month GDP YoY is projected to development round 1.50 p.c in 2024 and a pair of.30 p.c in 2025, in line with our econometric fashions.

Russia Month-to-month GDP YoY

In Russia, Month-to-month GDP YoY measures the change within the worth of the products and providers produced by the nation’s economic system in comparison with the corresponding month within the earlier yr.