MOSCOW, March 21. /TASS/. Evolving trends in dynamics of economic activity create preconditions for a gradual return of the national economy to balanced growth, the Bank of Russia said after its Board meeting.
"The upward deviation of the Russian economy from a balanced growth path is still significant. High domestic demand is backed up by rising household incomes and budget expenditures. However, high-frequency data and surveys of businesses indicate more moderate growth in economic activity in early 2025 compared to 2024 Q4," the regulator informed.
Evolving trends in the economic activity create preconditions in general for the gradual return of the economy to balanced growth, the Central Bank added.