TREE NEWS reports: 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.
Russia Q2 GDP Grows 1.3% Year-on-Year in Preliminary Estimate, In Line With Expectations
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.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.