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Forecast for a decline in GDP for 2022 improved according to Bank of Russia

Analysts polled by the Central Bank of Russia improved the forecast for a decline in GDP for 2022, from minus 9.2% to minus 7.5%....

Sberbank improved forecast for the Russia’s GDP dynamics

Sberbank analysts have improved their forecasts for the dynamics of Russian GDP and do not rule out a shift in inflation forecasts towards an...

Russia’s key rate cut to 14 percent

The Bank of Russia has decided to cut its benchmark interest rate by 3 percentage points, to 14% per annum, and sees room for...

The Ministry of Economic Development published new forecasts for Russia’s economy in 2022-2025

The Ministry of Economic Development predicts a fall in Russia's GDP due to the imposed sanctions by 8.8% in 2022 in the base case...

IMF’s forecasts of Russian and global GDP revised under the impact of sanctions

The International Monetary Fund has downgraded its forecast for global economic growth in 2022 to 3.6%, from the previous 4.4%. At the same time,...

WTO revised its forecasts for the global GDP and trade, in view of international sanctions

The World Trade Organization in its new report has reduced the forecast for global GDP growth in 2022 to 2.8%, from the previous 4.1%,...

World Bank published annual forecast for the Russian economy in view of sanctions

The World Bank predicts a contraction of the Russian economy in 2022 by 11.2% in the light of international sanctions, the economy of Europe...

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