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 […]
Tag Archives: Russia
Palladium: Robust Demand to Bolster Prices
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 […]
Russia: Putin Unveils Investment Plans as Mood Darkens
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, […]
Eastern Europe: Outlook Downgraded
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 […]
Russia: Weak Investment Hampers Q1 Activity
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 […]
