Russia's economy grows 1% year-on-year in third quarter
Growth matched the central bank's projection and beat the Economic Development Ministry's 0.6 percent estimate, while agriculture contracted 3.9 percent.
Russia's economy grew 1 percent year-on-year in the third quarter of 2026, official data showed on Friday, Turkey's state-run news agency Anadolu Agency reported.
The Federal State Statistics Service, known as Rosstat, put the figure in a provisional estimate, showing growth slowing from 1.3 percent in the second quarter.
The economy had contracted 0.2 percent in the first quarter.
The third-quarter reading matched the Central Bank of Russia's projection of 1 percent.
It also came in above the Economic Development Ministry's estimate of 0.6 percent.
Domestic demand supported growth, with freight turnover up 2.7 percent, manufacturing output rising 2.5 percent and construction expanding 2.0 percent.
Retail trade and catering also posted gains.
Several sectors declined over the period.
Agriculture fell 3.9 percent, passenger turnover dropped 3.0 percent, mining and quarrying slipped 2.7 percent and wholesale trade edged down 0.7 percent.
The Economic Development Ministry estimated growth for January through September at 0.8 percent.
The ministry said machinery and metallurgy drove the gains in manufacturing.
The ministry said full-year 2026 growth may slightly exceed its official forecast of 0.6 percent.
It projected growth of 1.4 percent in 2027 and 1.9 percent in 2028.
Rosstat's quarterly figures are provisional and are often revised as more complete data becomes available.
