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Russia's GDP up 1% in 2025; price spike to be short-lived, Putin says

ReutersFeb 3, 2026 4:49 PM

- Russia's gross domestic product grew 1% in 2025, President Vladimir Putin said at a meeting with the government on Tuesday.

Addressing a spike in prices seen in January following a value‑added tax increase, Putin said the impact would be short‑lived and that inflation was expected to reach around 5% by the end of the year.

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