Search results

Russian household consumption is recovering slowly

Location:

RUSSIA

This was the first acceleration after twelve consecutive declines and was driven by an 11% rise in the prices of services. The war in Ukraine has exposed Russia’s consumers to…

Recovery of Russian consumption is likely to moderate

Location:

RUSSIA

Strong household demand, now restored to pre-war levels, mitigated the impact on GDP of falling exports last year. The consumer market is profoundly changed, with new brands from…

War and sanctions will hit Russian consumer spending

Location:

RUSSIA

The cost will increase pressure on households already experiencing declining real incomes and worrying about the military mobilisation which the government says has taken 300,000…

Canada faces dim growth prospects in 2016

Location:

CANADA

Canada's economic outlook.

China’s economy recovers but key issues will remain

Location:

CHINA

Growth in retail sales and industrial value added accelerated in August, supported by rising household incomes and warming domestic demand. Moreover, unemployment edged down…

China's economic recovery is shakier than it may seem

Location:

CHINA

In quarterly terms, real GDP increased by 2.2%. Growth was driven by services: the tertiary sector grew 5.4% y/y. Consumption is shifting from goods to services, with hotels and…

Russian banks face another tough year in 2023

Location:

RUSSIA

Banking-sector stability is vital for the functioning of the Russian economy: bank credit is facilitating economic restructuring. Although the sector withstood the first impact of…

Rising power prices raise risk of economic instability

Location:

INT

Base effects, pent-up demand and restored supply were expected to deliver above-trend growth in 2022-23, erasing the impact wrought by the pandemic in 2020-21. However, surging…

Croatia will watch whether euro adoption raises prices

Location:

CROATIA

After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…