
Macro - Weekly Briefings - Emerging Markets
Description
Macro - Weekly Briefings - Emerging Markets
Russia's recession is likely to be shallower than we had projected at the start of its war in Ukraine. Consumer demand has contracted, but recent data suggest that the impact of the West's sanctions on Russia's economy has been more muted so far than had been expected.
Russia's recession is likely to be shallower than we had projected at the start of its war in Ukraine. Consumer demand has contracted, but recent data suggest that the impact of the West's sanctions on Russia's economy has been more muted so far than had been expected.
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