Russia 2026 Food Output Growth Slows to 0.5% in Official Forecast

Russia's Ministry of Economic Development forecasts food production growth of just 0.5% in 2026 versus 2025, a sharp deceleration from prior years, per the 2026-2029 macroeconomic outlook discussed at a government meeting. The slowdown signals potential supply-side constraints or weak domestic demand, though the forecast is preliminary and subject to revision. This matters for Russian inflation dynamics and agricultural commodity markets, but the macro impact is modest.