Russia's economy grew by 4.1% in 2024, Russian Prime Minister Mikhail Mishustin told President Vladimir Putin on Friday, slightly better than an official forecast of 3.9%.

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.

Russian President Vladimir Putin on Friday acknowledged that inflation remains a major “challenge” for the country’s economy and ordered the government to work on lowering it in 2025. Consumer prices in Russia rose by 9.

The Russian economy recorded a growth of 4.1% in 2024, slightly surpassing the official forecast of 3.9%, according to Russian Prime Minister Mikhail Mishustin. The Prime Minister shared these figures during a meeting with President Vladimir Putin,