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Famagusta Gazette

News From Cyprus

Russia’s Economy Expands 1.6% in October

ByFamagusta Gazette

Dec 4, 2025

Russia’s gross domestic product grew 1.6% year on year in October after a 0.9% rise in September, the Ministry of Economic Development said Wednesday.

The ministry reported overall growth of 1% for the first 10 months of 2025, unchanged from the nine‑month figure. President Vladimir Putin told an investment forum Tuesday that full‑year growth is expected to range between 0.5% and 1%.

Unemployment held steady at 2.2% in October, while fixed capital investment fell 3.1% in the third quarter after a 1.5% increase in the second.

Inflation stood at 6.61% as of Dec. 1, with commodity prices up 5.27% since January, the ministry said.

Famagusta Gazette