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Investing.com -- 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, which was broadcast on state television.
The country’s gross domestic product (GDP) reached an all-time high of 200 trillion roubles ($2.06 trillion), as reported by Mishustin to Putin during the meeting. President Putin responded favorably to the economic results, describing them as "good" and "satisfactory".
Despite the positive growth figures, Putin reiterated his desire for a reduction in the country’s inflation rate, which stood at 9.5% in 2024. He acknowledged the need for economic improvements, despite the growth figures surpassing those of some "so-called developed countries".
The Russian President compared his country’s economic performance to that of the United States, Germany, and France, noting that Russia’s growth was more robust in 2024. However, the specific growth figures for these countries were not mentioned during the discussion.
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