Report: Russian Economic Growth Plummets After Trump Takes Office

Report: Russian Economic Growth Plummets After Trump Takes Office

Russia’s first-quarter gross domestic product (GDP) growth was only 1.4%, a steep decline from 4.5% growth in the last quarter of 2024.

ThePatriotLight - Russian Economic Growth Plummets After Trump Takes Office

ThePatriotLight - Russia’s state statistical agency, Rosstat, reported on Friday that first-quarter gross domestic product (GDP) growth was only 1.4 percent, a steep decline from 4.5 percent growth in the last quarter of 2024. Russian officials and economic analysts were expecting growth of around 1.7 percent, so the final figure was a disappointment even by those reduced expectations. Outside economists projected the economic slowdown would con…