Russia's GDP up 1.6 pct in October 2025


MOSCOW, Dec. 3 (Xinhua) -- Russia's gross domestic product (GDP) grew by 1.6 percent year on year in October 2025 after rising 0.9 percent in September, the Russian Ministry of Economic Development said Wednesday.

The ministry said in a report that the year-on-year growth in the first 10 months stood at 1 percent, unchanged from that for the first nine months.

The economic growth rate is expected to reach between 0.5 percent and 1 percent in 2025, Russian President Vladimir Putin said Tuesday at an investment forum.

In October, Russia's unemployment rate was 2.2 percent, which remained the same as the figure for September, the report showed.

According to the report, the fixed capital investment dropped by 3.1 percent during the third quarter after rising 1.5 percent in the second quarter.

Russia's inflation rate amounted to 6.61 percent as of Dec. 1, the ministry said, adding that commodity prices have risen 5.27 percent this year.

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