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Analysis by Region - Emerging Markets - Russia

Publisher Oxford Economics
Published Mar 27, 2025
Length 9 Pages
SKU # OFE19906816

Description

We've increased our 2025 GDP growth forecast for Russia by 0.2ppts to 2.0%, given evidence that the economy was still expanding above the long-term trend in Q1. In 2024, the economy grew by 4.1%, but this year, tight monetary policy and a more restrictive fiscal stance will gradually dampen growth. The commencement of negotiations between the US, Russia, and Ukraine has been positive, but fighting continues.

Table of Contents

9 Pages
Russia: Black Sea ceasefire is only a baby step towards peace
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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