MOSCOW, March 26 (Xinhua) -- The Organization for Economic Cooperation and Development (OECD) has raised its forecast for the growth of the Russian economy in 2026 and 2027, according to the organization's updated forecast report published Thursday.
The estimate for the country's gross domestic product (GDP) growth in 2026 was raised to 0.6 percent from the 0.5 percent expected in December. In 2027, growth is projected to be 0.8 percent, up from 0.6 percent.
Inflation this year is expected at 6.4 percent against last year's 8.7 percent, and at 4.5 percent next year. Previously, 5.4 percent and 4.3 percent were forecast.
Earlier, Russian President Vladimir Putin said at an economic meeting in Moscow that Russia's GDP grew by 1 percent in 2025, noting that the growth slowdown was in line with expectations. ■
