Russia: GDP growth to total 1.2% - Standard & Poor's
On April 1, 2014, the international rating agency Standard & Poor's forecasted retardation of the growth rates of the Russian GDP in 2014 to the level of 1.2%, and its following rising to 2.2% in 2015, in terms of the gradual fall of the strain in relations between Ukraine and Russia.
The alternative scenario of the experts is maintenance of the geopolitical environment strain within whole 2014. In such case the economic consequences will be more significant, but the negative effect on the growth of Russian GDP to be refrained by significant correcting of the import volumes, which will be the result of the domestic demand decrease. According to the scenario, in 2014 the GDP growth in Russia will total 0.6%.
You should be authorized to post comment
Russia planted spring grains throughout nearly 25 mln ha - Ministry of Agriculture
Russia: since July 1, the export duties on wheat to total not less than 50 RUR/t
Russia to harvest 100 mln tonnes of grains – Ministry of Agriculture
Russia: establishment of the new mechanism for export duties calculation to reduce wheat exports in the new MY – Russian Grain Union
Russia: export duties reduced wheat exports by 3 mln tonnes — Russian Grain Union
May 27, 18:00