Per Rosstat, Russian GDP growth rate slowed down to 1.1% YoY in the 2nd quarter, the slowest growth rate in more than 2 years and lower than EU’s 1.5% YoY growth rate
Posted by Straight_Ad2258
Per Rosstat, Russian GDP growth rate slowed down to 1.1% YoY in the 2nd quarter, the slowest growth rate in more than 2 years and lower than EU’s 1.5% YoY growth rate
Posted by Straight_Ad2258
3 Comments
source: [https://tradingeconomics.com/russia/gdp-growth-annual](https://tradingeconomics.com/russia/gdp-growth-annual)
[https://tradingeconomics.com/european-union/gdp-annual-growth-rate](https://tradingeconomics.com/european-union/gdp-annual-growth-rate)
Its like a pissing match of who can have the slowest growth
EU’s slowdown in Q2 2025 has a lot to do with the trade war uncertainty, especially for German exports
[https://www.ecb.europa.eu/press/projections/html/ecb.projections202506_eurosystemstaff~16a68fbaf4.en.html](https://www.ecb.europa.eu/press/projections/html/ecb.projections202506_eurosystemstaff~16a68fbaf4.en.html)
otherwise, growth is poised to slowly pick up, due to energy crisis fading away and investment spending by the German government( which hasn’t started to show up yet , because government is still planning how to spend the 500 billion infrastructure special budget)