July 18, 2025
19:15
Alexander Novak held a meeting on the current situation in the economy. Left – Chairman of the Central Bank of Russia Elvira Nabiullina
Alexander Novak held a meeting on the current situation in the economy
Alexander Novak held a meeting on the current situation in the economy. Left – Chairman of the Central Bank of Russia Elvira Nabiullina, on the right – Deputy Head of the Presidential Administration Maxim Oreshkin
Alexander Novak held a meeting on the current situation in the economy. Left – Chairman of the Central Bank of Russia Elvira Nabiullina
Deputy Prime Minister Alexander Novak held a meeting on the current economic situation. It was attended by Deputy Head of the Presidential Administration Maxim Oreshkin, Chairman of the Central Bank Elvira Nabiullina, General Director of Gazprom Neft, Alexander Dyukov, representatives of federal authorities, government of the city of Moscow, as well as experts of VEB.rf, Sberi, EEC, RAS, RADIGS, TsMAKP, etc.
The participants discussed the results of the work of the economic bloc in May and for the first five months of 2025, proposals for further development of the economy, taking into account current calls, as well as the results of monitoring system -forming organizations for January -June 2025. In particular, the issues of various industries in the conditions of the current cooling of the economy were affected.
According to the Ministry of Economic Development, according to the results of January – May 2025, GDP growth amounted to 1.5%. Investments in the first quarter increased by 8.7%.
The growth of the manufacturing industry and a number of other industries continued in comparison with the same period last year. The most actively in January – May, segments such as mechanical engineering increased, increasing the production of products by 13.3%, and the scope of catering, which showed an increase of 8.3%. The construction industry added 5.5%, the chemical complex demonstrated an increase of 3.5%.
Current indicators are observed against the background of record low unemployment, which amounted to 2.3% in January – May 2025.
A continuation of the strengthening of the ruble course, as well as a decrease in inflation, was noted. In May, it amounted to 9.9%, decreasing to 9.4% in June and to 9.34% by July 14 year by the year. The Ministry of Economic Development retains the inflation forecast for 2025 at 7.6%, but it is possible to adjust this indicator to a level below 7% while maintaining the current dynamics.
“Our work is aimed at achieving national development goals, including the formation of a sustainable and dynamic economy. In the focus of our attention – key indicators indicated by the president as priority. Among them are the dynamics of gross domestic product, the position of the Russian economy in the world in purchasing power parity, the level of investment, the income of the population, the position of small and medium -sized businesses, labor productivity, inflation and employment of citizens, as well as other parameters that reflect the current state and prospects for the development of the economy, ”said Alexander Novak.
According to the results of the meeting, Alexander Novak instructed the federal authorities to continue to monitor the situation in the supervised areas and, if necessary, take measures aimed at improving the situation, submit relevant proposals to the government.