Russian GDP up 1.4% in March, economy ministry says
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The moon rises behind a skyscraper of the Moscow International Business Centre in the city of Moscow, Russia, March 15, 2025. REUTERS/Marina Lystseva TPX IMAGES OF THE DAY
MOSCOW (Reuters) -Russia's gross domestic product (GDP) grew by 1.4% in March year-on-year after expanding by 0.7% in February, the economy ministry said on Wednesday.
For the first quarter this year, GDP grew by 1.7% in year-on-year terms compared to growth of 5.4% in January-March 2024, the ministry said.
Economists in a Reuters poll said they see growth slowing to 1.6% in 2025, down from 4.3% in 2024.
The economy ministry forecast 2025 annual growth of 2.5%, compared with a central bank prediction of 1-2%.
(Editing by Andrew Osborn)
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