Russia GDP Grows 0.4% YoY in August

Russia's GDP expanded by 0.4% year-on-year in August 2025, matching the pace seen in the previous month, the Economic Development Ministry said in a report on the current economic situation. Growth was mainly driven by increases in manufacturing output (2.4% vs 1.5% in July), agriculture (6.1% vs -0.4%), and retail trade (2.8% vs 2.0%). Meanwhile, construction output edged up by just 0.1% (vs 3.3% previously), and industrial production rose 0.5%, following a 0.7% increase in July. For the first eight months of the year, the economy grew 1.0% year-on-year. On a monthly basis, economic activity showed no growth.