The accuracy of Russian GDP forecasts during periods of instability improves in 45% of cases when news reports are taken into account. However, during more stable periods, this advantage nearly disappears. News provides an up-to-date view of the economy and enables quicker responses to emerging challenges. This was revealed by an analysis of over 500,000 news reports conducted by Ivan Stankevich and Natalia Makeeva of the HSE Faculty of Economic Sciences (FES), and Nikita Lyubaykin. The study results have been published in
Voprosy Ekonomiki.