The growth rate of real gross domestic product (GDP) in November accelerated to 3.6% compared to the same period last year, according to a report by the Institute for Economic Research and Policy Consulting (IERPC). It is noted that this is due to the later corn harvest compared to 2024. Meanwhile, industry reduced production as a result of the destruction of energy infrastructure. "The economic situation deteriorated in November and early December due to constant Russian shelling of energy and railway infrastructure. However, due to the positive contribution of agriculture, real GDP is estimated to have grown by 3.6%. Thus, we estimate that real gross value added (GVA) in agriculture is estimated to have increased by 36% from the previous year (y/y). This is primarily a result of the later corn harvest compared to 2024," the IERPC emphasized. The organization also added that the growth of the economy in November, as in the third quarter of 2025, was also supported by defense ...
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