Agency sees Russia’s GDP at 3–3.2% in 2023, 0.5–1.3% in 2024

MOSCOW, Nov 28 (PRIME) -- Russia’s gross domestic product (GDP) will grow by 3–3.2% in 2023, and the growth rate will slow down to 0.5–1.3% in 2024, ACRA rating agency analysts said on Tuesday.

Fixed capital investment will increase by 4.6–6.1% in 2023, and by 2.5–3.7% in 2024. Unemployment is expected to remain flat at 3.1–3.2% in the entire projecting period. Inflation will stand at 7–7.5% in 2023, and will decelerate to 5.2–5.8% in 2024.

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