According to the Russian Satellite News Agency, the economic situation report released by the Russian Ministry of Economic Development showed that in April this year, the Russian economy grew by 3.3% year-on-year, showing positive growth for the first time this year. Between January and April 2023, the Russian economy shrink by 0.6%. According to the latest forecast, Russia's GDP will grow by 1.2% this year and by 2% in 2024. Russia's inflation rate is expected to be 5.3% this year.
More popular news
Key Takeaway from SMM 2023 Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel and Stainless Steel Market Outlook 2023-2027 and Indonesia’s Critical Role in Attracting Chinese Investment