(Adnkronos) – The Russian government has revised downwards its growth projections for 2026. The economy will grow by only 0.4 percent, compared to the 1.3 percent forecast last September, Deputy Prime Minister Aleksandr Novak announced in an interview with Vedomosti. Inflation by the end of the year will reach 5.2 percent, he added, promising that next year will mark the beginning of a “period of recovery in growth rates, with +1.4 percent in 2027, reaching 2029 two years later. From 2027, inflation will fall to 4 percent.