Russia: Forecasts Down Sharply Following Q2 Slowdown
The performance of the Russian economy was unexpectedly weak in Q2 as GDP grew by just 1.2% (y-o-y), intensifying pressure on the central bank to ease monetary policy. Anaemic investment […]
The performance of the Russian economy was unexpectedly weak in Q2 as GDP grew by just 1.2% (y-o-y), intensifying pressure on the central bank to ease monetary policy. Anaemic investment […]
Palladium – the only precious metal to have posted a gain in the year to date – has traded in a relatively narrow range at around US$740 per troy oz […]
The outlook for the Russian economy remains somewhat gloomy after the recently-released breakdown of the Q1 national accounts confirmed the broad-based slowdown. With the euro zone recession sapping export demand, […]
Downward forecast revisions have persisted across Central and Eastern Europe, dragging the regional GDP growth average for 2013 down. Growth will exceed paltry activity in Western Europe, but more vibrant […]
Real GDP growth cooled to 1.6% (y-o-y) in Q1, from 2.1% in Q4 2012, as the protracted euro zone recession hurt export demand and saw Russian firms slash investment. In […]