Russia Q3 Economic Growth Slows Slightly, CBR Notes Moderate Pace

The Central Bank of Russia reports that economic activity in Q3 grew at a moderate pace, slowing slightly from Q2 on a seasonally adjusted basis, based on July-August data. This suggests a cooling but resilient economy, with implications for inflation and monetary policy. The slowdown is marginal and does not signal a contraction, but it may influence the CBR's rate path.