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Consumer confidence growth in Russia reaches its highest level since 2014 — EC

According to the European Commission, GDP growth in Russia is projected to slow down to 2.9% in 2024

MOSCOW, May 15. /TASS/. Retail sales and growth of consumer confidence in Russia have reached their highest level since 2014, the European Commission (EC) said in its spring economic forecast.

"Retail sales and consumer confidence also increased, with the latter reaching its highest level since 2014. The labour market remained tight and is set to continue that way, as declining net inward migration and increased labour demand from the military sector are expected to persist," the EC said.

GDP growth in Russia is projected to slow down to 2.9% in 2024 and 1.7% in 2025.

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European Commission

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By 2030, more than 250 specialists will be graduating from the college annually

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US not seeking confrontation with Russia, but will continue assistance to Kiev — Pentagon

Department of Defense Deputy Press Secretary Sabrina Singh also claimed that Washington, while helping Ukraine, is not attempting to turn the conflict into a large-scale regional confrontation that spills beyond the country’s borders

Russia to use revenues from frozen assets of Western investors — Finance Minister

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Trump to continue using Ukraine to contain Russia — Valdai program director

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US warships fire more missiles at Houthi sites in Yemen — source

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Russian army pushes Ukraine out of Kurakhovo water reservoir’s north shore

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Ukrainian conflict acquires global elements after strikes with Western missiles — Putin

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