Russian Ministry of Economic and Development: the Russian economy grew 3.3% in April compared with the same period last year, the first positive growth of the year.

[Russian Ministry of Economic Development: Russia's economy grew 3.3 percent in April compared with the same period last year, the first positive growth of the year]. According to Russian satellite news agency, the Russian Ministry of Economic Development released an economic situation report showing that the Russian economy grew 3.3 percent in April compared with the same period last year, showing positive growth for the first time this year. Between January and April 2023, the Russian economy shrank by 0.6%. According to the latest forecast, Russia's GDP will grow by 1.2 per cent this year and 2 per cent in 2024. Russia's inflation rate is expected to be 5.3% this year.