INSUBCONTINENT EXCLUSIVE:
reported Tuesday, citing analysts.The forecasted contraction comes amid government efforts to cool an overheating, war-fueled economy and
1.3% increase in the previous quarter
Bloomberg economist Alexander Isakov projected an even steeper quarterly contraction of 0.6% to 1.5%.Analysts cited weak industrial output
and low oil prices as key drivers of the downturn.Official economic data will be published on May 16
If the projected contraction is confirmed, the figures would mark the first quarterly decline since the second quarter of 2022.Meanwhile,
could be revised after the state statistics agency Rosstat releases official data.The ministry expects GDP to grow by 2.5% in 2025, down
