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Russia's economy rebounds despite Ukraine attacks
Official data shows that the Russian economy was able to recover in the second quarter of 2026, recording a growth of 1.3% between April and June, despite ongoing Ukrainian attacks targeting the oil and e-commerce sectors. This growth was driven by stable domestic consumer demand, despite external pressures and challenges such as rising borrowing costs and labor shortages, leading the central bank to revise its annual growth forecasts to between zero and 1%. Despite the continued attacks, Russia's economy continues to recover, and officials reaffirm the ongoing growth despite external constraints and pressures.
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