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Russia Q2 GDP Grows 1.3% Year-on-Year in Preliminary Estimate, In Line With Expectations

Russia’s economy grew 1.3% year-on-year in the second quarter, matching expectations. The figure covers the April-to-June period and is subject to revision as fuller data become available.

Original source

AI take

The headline number is less telling than its composition: an economy under heavy sanctions pressure still posting positive annual growth suggests domestic demand and state-linked spending are doing much of the work. For crypto and RWA markets, the read-through is indirect but relevant, since Russia has leaned on alternative settlement rails and digital-asset channels to route around restrictions. Whether the preliminary figure survives revision, and whether growth holds without policy support, is the open question.

Generated by AI for reference only.

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