[PERSON]
Elvira Nabiullina
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Situations
Russia slowdown deepens; central bank cuts growth forecast
2 clusters · 45 sources · last updated
Latest: Russian Central Bank cuts 2026 GDP growth forecast to zero, raises inflation outlook
In early July 2026 Russia’s economy showed a sharp slowdown, with a 40.5 % drop in tractor output and fuel prices rising sharply, prompting the Bank of Russia to revise its outlook to 0‑1 % GDP growth and 6‑7 % inflation