Putin Outlines Economic Priorities for 2026

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Putin Outlines Economic Priorities for 2026 - Sputnik Africa, 1920, 03.02.2026
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Putin Outlines Economic Priorities for 2026

The Russian president held his first economic meeting of 2026, centered on growth patterns, inflation control, and improving labor productivity.

Key points:

Russia’s GDP expanded by 1% in 2025

Growth slowed compared to previous years, a trend described as expected and influenced by policies aimed at limiting inflation

Inflation fell to 5.6% in 2025 and is projected to approach 5% by the end of 2026

A short-term rise in inflation early in the year is attributed to a VAT hike

Boosting labor productivity remains a major focus, particularly due to worker shortages in several industries

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