Emerging Europe Economics

Emerging Europe Economics Update
27 January, 2012

Russia: impressive end to 2011, but a slowdown ahead

Russia’s economy appears to have ended 2011 on a high note. Our estimates suggest that GDP grew by 5.0% y/y in Q4 – a slight improvement on 4.8% y/y in Q3. Even so, a combination of falling oil prices, tighter credit conditions and weaker external demand will weigh on the economy in 2012. Coupled with fears of renewed unrest around March’s presidential election, this will add to pressure on the government to loosen its purse strings....

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article

Log in



Follow @CapEconEurope

New Book

The Trouble with Europe

by Roger Bootle

"Right on every count"
The Guardian

Buy now on Amazon

Get the App

The Capital Economics app is a new way for clients to keep up to date with our latest research.