{"id":499838,"date":"2025-10-14T21:53:14","date_gmt":"2025-10-14T21:53:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/499838\/"},"modified":"2025-10-14T21:53:14","modified_gmt":"2025-10-14T21:53:14","slug":"imf-cuts-russias-2025-economic-forecast-again","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/499838\/","title":{"rendered":"IMF Cuts Russia\u2019s 2025 Economic Forecast Again"},"content":{"rendered":"<p>The International Monetary Fund on Tuesday once again <a href=\"https:\/\/www.imf.org\/en\/Publications\/WEO\/Issues\/2025\/10\/14\/world-economic-outlook-october-2025\" title=\"lowered\" target=\"_blank\" rel=\"noopener\">lowered<\/a> its forecast for Russia\u2019s economic growth in 2025, projecting an expansion of just 0.6% even as it raised its global outlook.<\/p>\n<p>The revision marks a 0.3 percentage-point downgrade from the IMF\u2019s July estimate of 0.9% GDP growth and represents the second-sharpest cut among major economies after Canada. In April, the organization had projected annual growth of 1.5% for Russia before lowering it this summer.<\/p>\n<p>The IMF maintained its forecasts of 1% GDP growth for Russia in 2026 and 1.1% in 2030.\u00a0That underscores the steep slowdown from Russia\u2019s 4.3% GDP growth in 2024, which had been fueled by heavy wartime spending.<\/p>\n<p>Russia\u2019s official projections remain more upbeat. The Economic Development Ministry<a href=\"https:\/\/www.economy.gov.ru\/material\/file\/bc142016f6ab3772370bb0b4541fc778\/prognoz_socialno_ekonomicheskogo_razvitiya_rf_2026-2028.pdf\" target=\"_blank\" rel=\"noopener\"> expects<\/a> growth of 1% this year and 1.3% in 2026, followed by an acceleration to around 2.5-2.8% later in the decade.\u00a0<\/p>\n<p>The Central Bank <a href=\"https:\/\/cbr.ru\/Content\/Document\/File\/179982\/forecast_250725.pdf\" target=\"_blank\" rel=\"noopener\">forecasts<\/a> GDP growth of 1-2% in 2025 and up to 2.5% by 2028.<\/p>\n<p>At the same time, the IMF projected Russia\u2019s inflation rate will rise to 9% this year \u2014 more than double the global average forecast of 4.2% \u2014 before easing to 5.2% in 2026.\u00a0Annual inflation stood at 8.2% in early September, according to the Russian Central Bank.<\/p>\n<p>Globally, the IMF raised its 2025 growth forecast to 3.2% from 3% in July, leaving its 2026 projection unchanged at 3.1%.<\/p>\n<p><strong>A Message from The Moscow Times:<\/strong><\/p>\n<p>Dear readers,<\/p>\n<p>We are facing unprecedented challenges. 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For details on the personal data we collect and how it is used, please see our <a href=\"https:\/\/www.themoscowtimes.com\/page\/privacy-policy\" target=\"_blank\" title=\"privacy policy\" rel=\"noopener\">Privacy Policy<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"The International Monetary Fund on Tuesday once again lowered its forecast for Russia\u2019s economic growth in 2025, projecting&hellip;\n","protected":false},"author":2,"featured_media":499839,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,10647,16,15],"class_list":{"0":"post-499838","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-imf","11":"tag-uk","12":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115374746224031985","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/499838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=499838"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/499838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/499839"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=499838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=499838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=499838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}