Category: L1RU

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Russia Macro Monthly October 2023

According to estimates by the Ministry of Economy, Russia’s GDP expanded by 2.5% YoY in 8M23 and by 5.2% YoY in August 2023. The two key drivers of this recovery are rising output in the defense industry and strong domestic consumer demand.

Russia Macro Monthly September 2023

The latest statistics show a strong GDP bounce in 2Q23 which was accompanied by a solid rise in growth rates in all major sectors of the economy.

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