Russia Cuts 2025 GDP Growth Forecast to 1.5% âšī¸
Russia's economic growth forecast for 2025 is reduced to 1.5% from 2.5%, with high interest rates and military spending impacting economic performance despite robust growth in 2023 and 2024.
High interest rates and potential economic slowdown suggest challenging macroeconomic conditions that could negatively impact global market sentiment, particularly in emerging markets and regions with geopolitical tensions.
Russia Unemployment Rate Remains at Lowest on Record âšī¸
Russia's unemployment rate remained stable at 2.2% in July 2025, reflecting labor market challenges due to military mobilization and economic constraints.
Macroeconomic data suggests structural labor market shifts in Russia, with potential geopolitical implications. Low unemployment might indicate economic resilience, but underlying factors suggest potential systemic constraints.