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Russia’s economy will keep slowing in first half of 2026, Interfax quotes minister as saying

By Thomson Reuters Feb 12, 2026 | 3:11 AM

(Corrects minister’s first name to Maxim in first ​paragraph)

MOSCOW, Feb ‌12 (Reuters) – Russia’s economy will continue to slow down in ‌the ​first ⁠half of 2026, ⁠Economy Minister Maxim Reshetnikov was quoted as saying on Thursday.

There ​is still room for ⁠monetary policy ⁠easing, Interfax ​cited him as ​saying.

Of 24 analysts polled ‌by Reuters, 16 expect that the central bank ⁠will keep the key rate at 16% ⁠when ‌it meets ⁠on Friday, while ​eight ‌predict a ​50-basis-point cut ⁠to 15.5%.

(Reporting by Reuters; Writing by Anastasia Teterevleva; editing by Mark ​Trevelyan)