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الاقتصادية - CNN
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2026-07-26T00:05:00.000Z

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Russian Central Bank cuts growth forecast

Russian Central Bank cuts growth forecast

The Russian Central Bank has lowered its forecast for economic growth in 2026 to between 0% and 1%, compared to previous estimates of 0.5% to 1.5%. This adjustment comes in response to the sharp increase in fuel prices, which has impacted the cost of goods and services, as well as attacks on Russian energy facilities that have heightened inflationary pressures. The bank has also raised its inflation projections to a range of 6% to 7%, up from 4.5% to 5.5%, indicating that persistent high inflation could hinder sustainable slowdown. It expects further demand deceleration and a temporary decline in production capacity. Additionally, the growth outlook for GDP in the last quarter of the year has been revised downward to between 0% and 1.5%, although there are expectations that fuel production capacities will recover by the end of the year despite ongoing Ukrainian attacks on Russian energy facilities.

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