March’s activity data suggest that Russian GDP growth slowed markedly at the start of this year, weakening from 2.8% y/y in Q4 to 1.0-1.5% y/y in Q1. The pace of expansion is likely to remain soft over the coming quarters, although the consensus view on growth this year is probably too pessimistic.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.