Talking Trends: robust GDP growth continues into Q3
17 October 2023
News
The Russian economy remains on a solid expansion path, tracking the robust expansion of demand. In September, seasonally adjusted prices rose at the fastest monthly pace since April 2022.
The Bank of Russia’s monetary policy stance will enable a gradual normalisation in domestic demand and a reduction in inflationary pressures. However, it takes time for production capabilities to meet the growing demand in the economy.
More details are presented in Talking Trends, a Bank of Russia bulletin.
Preview photo: Kodda / Shutterstock / Fotodom