Russian economy indicators turned out to be higher than expected – Kommersant

At a meeting with President Vladimir Putin, Prime Minister Mikhail Mishustin said that in the absence of force majeure, GDP will grow by more than 2% in 2023. After the report presented by the prime minister, the president noted that the economic indicators were higher than expected.

Mikhail Mishustin said that over the five months of this year, GDP grew by 0.6%, in May compared to May last year – by 5.4%. The manufacturing industry has become the growth driver. Real wages for the first four months increased by 4.2%, and the average level of achievement of indicators for national projects amounted to 98.95%.

“It is very important. It is no less important that our results, at least for the time being, let’s say, cautiously, are better than previously expected, better than predicted. site Kremlin).

The European Commission in the latest report predicted a fall in Russia’s GDP in 2023 by 0.9%. At the same time, by evaluation IMF, Russian GDP will grow by 0.7% this year. Spring IMF statedthat the Russian economy, contrary to earlier forecasts, turned out to be more resistant to sanctions.