The key point that stands out in December’s activity data for Russia is the sharp jump in retail sales growth. However, this reflects panic buying as the ruble collapsed at the end of last year. Hence, this is only likely to be temporary and will almost certainly be followed by a slump this month.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services