Commodity market report

End of recession in sight: Russian Federation economic outlook H2 2016

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Report summary

Russia's economy should exit recession by the end of 2016 supported by improving household incomes and looser monetary policy. But a return to robust growth is not likely. An ageing population and poor productivity prospects will weigh on growth. Exports of Russia's most important product oil are set to decline unless investment into new assets picks up sharply. GDP growth will struggle to breach 2% per year.

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    Russian Federation economic outlook.pdf

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