The shallower-than-expected 1.2% y/y fall in Russia’s GDP in the first quarter confirms that the acute phase of the crisis is now over. And the annual growth rate could return to the positive territory towards the end of the year. Even so, the recovery looks set to be disappointing.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.