Mon, Sep 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commentaries, Market Moves more

Russia and commodity prices in the new IMF report

Posted on 17 October 2012

According to the International Monetary Fund, Russia’s real GDP will expand by 3.7 % y/y in 2012, and by 3.8% next year. Growth continues to be revised down in response to the slowdown of world output. It seems that the new medium term growth rate is in the order of 4%, compared to 7% in the five oil boom years before the onset of the Great OECD Recession.
The real GDP of advanced economies is expected to increase by only 1.3 and 1.5% y/y in 2012 and 2013 which means Russia’s economic catching-up process is alive and well, certainly from a macro perspective………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37015 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930