Finance

Russia's economy will keep slowing in first half of 2026, Interfax quotes minister as saying

Published by Global Banking & Finance Review

Posted on February 12, 2026

1 min read

· Last updated: February 12, 2026

Add as preferred source on Google
Russia's economy will keep slowing in first half of 2026, Interfax quotes minister as saying
Global Banking & Finance Awards 2026 — Call for Entries

MOSCOW, Feb 12 (Reuters) - Russia’s economy will continue to slow in the first half of the year, with a recovery possible only by late 2026 and more likely in 2027, Economy Minister Maxim Reshetnikov

Russia's economy will keep slowing in first half of 2026, Interfax quotes min...

Economic Forecast for Russia

(Corrects minister's first name to Maxim in first paragraph)

Monetary Policy Considerations

MOSCOW, Feb 12 (Reuters) - Russia's economy will continue to slow down in the first half of 2026, Economy Minister Maxim Reshetnikov was quoted as saying on Thursday.

Analysts' Rate Predictions

There is still room for monetary policy easing, Interfax cited him as saying.

Of 24 analysts polled by Reuters, 16 expect that the central bank will keep the key rate at 16% when it meets on Friday, while eight predict a 50-basis-point cut to 15.5%.

(Reporting by Reuters; Writing by Anastasia Teterevleva; editing by Mark Trevelyan)

Key Takeaways

  • Russia's economic recovery is delayed until 2027.
  • GDP growth slowed due to tight monetary policy.
  • Investment decline is a natural consequence of reducing inflation.
  • Central bank may maintain or cut interest rates.
  • IMF projects Russia's GDP growth at 0.8% for this year.

Frequently Asked Questions

What is monetary policy?
Monetary policy refers to the actions taken by a country's central bank to control the money supply and interest rates to achieve macroeconomic goals such as controlling inflation and stabilizing currency.
What is economic growth?
Economic growth is the increase in the production of goods and services in an economy over a period of time, typically measured as the percentage increase in real GDP.
What are investment activities?
Investment activities involve allocating resources, usually money, into assets or projects with the expectation of generating profit or income over time.
What is the role of the International Monetary Fund?
The International Monetary Fund (IMF) is an international organization that provides financial support and advice to member countries to promote global economic stability and growth.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category