September’s activity data suggest that Russia is heading for a strong economic performance in the second half of 2011. What’s more, with both the consumer sector and industry picking up, growth looks set to be more broad-based. We estimate that GDP expanded by a healthy 4.5% in Q3. Elsewhere, Polish industrial production surprised on the upside in August, but we do not expect the robust performance to be sustained in the medium-term as the global economy slows down.
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