Russia's GDP grew 1% year-over-year in third quarter, central bank says

Key facts

• Russia's GDP grew 1% year-over-year in the third quarter of 2026, the central bank said.
• The central bank said preliminary data suggested growth would continue through the rest of the year.
• The central bank said Black Sea grain export disruptions were helping to fight domestic inflation.
• The report did not name the statistical agency behind the preliminary GDP figures.

Russia's gross domestic product grew 1% year-over-year in the third quarter of 2026, the central bank said on November 5, 2026. The bank said preliminary data suggested growth would continue through the rest of the year. The report did not name the statistical agency that compiled the figures.

The central bank said disruptions to grain exports in the Black Sea were helping to fight domestic inflation. The report gave no figure for inflation or for the size of the export disruption.

The report did not state the third-quarter growth rate adjusted for seasonal factors, the second-quarter comparison or the central bank's full-year forecast. [REF: Interfax, October 14, 2026] reported that the central bank's research department said seasonally adjusted GDP growth slowed in the third quarter from the second, citing a temporary decline in the economy's production potential. That bulletin was published before the GDP estimate and does not contain it.