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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…

Inflation could rise again in Russia in 2023

Location:

RUSSIA

Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…

Belarus economy in growth mode despite trade hitches

Location:

BELARUS

Last year's GDP growth of 3% was largely attributable to higher prices for refined petroleum products sold to the EU and to a lesser extent a recovery in demand for manufactured…

Russian courts Asia for imports and export sales

Location:

RUSSIA

Shifts in Russian foreign trade.

Russian oil shifts towards China and India

Location:

RUSSIA

The current account is showing a healthy-looking surplus as export commodities are priced high and imports shrink. That may change as sanctions bite into exports of oil and other…

Russia's economic decline will continue this year

Location:

RUSSIA

The recession was far shallower than expected; early forecasts had predicted a contraction of up to 10%. However, economic decline will continue into 2023. Unprecedented sanctions…

Belarusian economic recovery may not last

Location:

BELARUS

At first glance, the economic performance observed last year seems impressive. However, the robust growth rate concealed many of the country's endemic economic flaws. Much of the…