January’s activity data from Russia suggest that the economy made a dire start to 2011. Of course, it is unwise to read too much into one month’s data. What’s more, with oil prices currently over $100pb, growth should begin to pick up in the coming months. Nonetheless, we remain comfortable with our below consensus GDP forecasts for the coming years.
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