Russia’s GDP growth in October amounted to 4.9% in annual terms, from the beginning of the year – 4.6% compared to the same period in 2020. At the same time, the ministry raised its estimate of annual GDP growth in September to 3.7% from 3.4% and in August – to 4.2% from 3.7%. “GDP continued to grow in October. By September, the economy grew by 0.8% m / m (in August – 0.5% m / m with seasonality removed). In annual terms, GDP growth in October was estimated at 4.9% y / y (after 4.3% y / y in Q3 2021), in January-October – 4.6% y / y. “, – says in the report (.pdf). The World Bank retained its forecast for Russia’s GDP growth at 4.3% in 2021. At the same time, the estimate of the growth of the Russian economy in 2022 has been reduced from 2.8% to 2.4%. The Ministry of Economy of Russia expects an increase in GDP by the end of the year at the level of 4.2%. The European Commission predicts the growth of the Russian economy at 3.9%, Moody`s believes that GDP growth will be 4.8%, the European Bank for Reconstruction and Development expects growth by 4.3%. About macro forecast and budget – in the material “Kommersant” The deputies supported the shield of the motherland. “