Analysis by Region - Europe

Analysis by Region - Europe

We have kept our 2022 Russian GDP growth forecast at -6.4% but have raised our 2023 forecast from -4.5% to -3.9% as more front-loaded monetary easing than expected should improve credit conditions and facilitate recovery in domestic demand, which we now expect to begin next year.


Russia: Looming EU oil embargo casts a shadow on Growth outlook
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

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