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European Commission raises Russia’s 2026 GDP growth forecast to 1.3%

At the same time, the forecast for 2027 was lowered from 1.2% to 1.1%

BRUSSELS, May 21. /TASS/. The European Commission raised its forecast for Russia’s GDP growth in 2026 from 1.1% to 1.3%, according to the EC’s spring economic forecast.

"Russia’s GDP growth is expected at 1.3% in 2026 and 1.1% in 2027," the report said.

At the same time, the forecast for 2027 was lowered from 1.2% to 1.1%.