Russia raises 2026 real wage growth forecast to 4% from 2.2%

Russia's Ministry of Economic Development revised its 2026 real wage growth forecast upward to 4.0% from 2.2% in May, signaling stronger-than-expected labor market dynamics. The revision suggests improved household income prospects, which could support domestic consumption and inflation pressures. The move is a forecast adjustment, not a hard data release, so actual outcomes remain uncertain.