Russian GDP grows 1.0% in Q3 - Rosstat

MOSCOW. Nov 13 (Interfax) - Russian GDP grew 1.0% year-on-year in Q3 2026, the State Statistics Service (Rosstat) said in a provisional estimate.

The growth slowed from 1.3% in Q2 2026. GDP fell 0.2% in Q1 2026.

The first quarter of 2026 had three fewer working days than the same period of 2025; the second quarter had three more working days than a year previously and the third quarter had the same number.

The Russian Economic Development Ministry has estimated GDP growth at 0.6% for Q3, while the Central Bank's estimate was 1.0% and analysts predicted 0.7% in a consensus forecast for Interfax.

Rosstat has not yet published its GDP growth estimate for January-September 2026 but quarterly data suggest this could be 0.7%-0.8%, above the Econ Ministry's 0.6% estimate.

The Econ Ministry in October raised its 2026 GDP growth forecast to 0.6% from 0.4% in its May forecast.

The Central Bank in October narrowed its forecast range for GDP growth in 2026 to 0.5%-1.0% from the 0.0%-1.0% it was predicting in July, effectively suggesting growth of 0.7%-0.8% is most likely for the year.

Analysts told Interfax in early November that 0.6% GDP growth for 2026 was likely, up from 0.5% in the previous month's survey.

The analysts expect 1.2% growth in 2027, the Econ Ministry - 1.4% and Central Bank of - 1.0%-2.0%.