Novak instructed departments to prepare an analysis of the structure of imports
Deputy Prime Minister Alexander Novak asked the relevant departments for a detailed analysis of investment activity and import structure in the country. He gave such an instruction after a meeting on the current situation in the economy, the press service of the government reports.
Deputy Prime Minister Alexander Novak asked the relevant departments for a detailed analysis of investment activity and import structure in the country. He gave such an instruction after a meeting on the current situation in the economy, the press service of the government reports.
According to the report of the Ministry of Economic Development, for January-July 2026, the GDP indicator grew by 0.6% compared to the same period in 2025. According to the agency, consumer demand remains active. In the first seven months, the total turnover of retail, catering and paid services increased by 4.8%, while retail trade separately increased by 5.4%.
It is noted that in the first half of the year the level of real wages increased by 6.5%. In addition, the unemployment rate as of July 2026 remains at a "historically low level" of 2.3%, the department said.
By September 14, annual inflation had slowed to 6.2 percent. In August, prices for goods decreased by 0.1% compared to July. According to the Ministry of Economic Development, this was facilitated by seasonal cheaper products and a decrease in the cost of individual services.
The meeting was attended by Minister of Economic Development Maxim Reshetnikov, as well as representatives of the Ministry of Industry and Trade, the Ministry of Construction, the Ministry of Transport, the Ministry of Labor and the Bank of Russia.
