Economic growth
GROWTH
State
AcceleratingLevel
ModestMomentum
Gaining paceConfidence
MediumThe economy is growing modestly, gaining pace, retail turnover is growing faster than GDP. Confidence: medium.
What this rests on
as of April 2026
| Indicator | Role | Value | Read as |
|---|---|---|---|
| Real GDP, year on year | Primary | 1.29% | Modest · up |
| Real GDP, quarter on quarter, seasonally adjusted annualised rate | Context | 5.28 pp | Gaining pace · up |
| Retail trade volume index, year on year | Confirming | 7.20% | retail above GDP · up |
Why this state
| Rule that matched | · Gaining pace |
| Confirmed by | retail turnover growing |
| Reference period | April 2026 |
| Computed | Sep 15, 2026, 05:49 PM MSK |
| Rule set | growth-v1 |
Block indicators
| Real GDP, quarter on quarter, seasonally adjusted annualised rateprimary | 3.77% | Q2 2026 · imported |
| Real GDP, seasonally adjustedprimary | ₽36.9 tn | Q2 2026 |
| Real GDP, year on yearprimary | 1.29% | Q2 2026 · imported |
| Retail trade volume index, year on yearprimary | 105.3 | July 2026 · imported |
| GDP at current prices | ₽56.2 tn | Q2 2026 · imported |