The much stronger-than-expected Russian GDP growth figure for 2018, released this week, led to accusations that Rosstat is manipulating the figures, but we think that these data actually paint a pretty accurate picture of Russia’s economy last year. Meanwhile, a raft of activity data from Central and Eastern Europe provided further evidence that the region slowed at the end of last year, which is likely to be confirmed when Q4 GDP figures are published next week.
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