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1 – 10 of 301Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…
Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…
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DOI: 10.1108/OXAN-DB286497
ISSN: 2633-304X
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The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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Geographic
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The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…
The economy slowed sharply in the second half of 2023. Consumption is lower than a decade ago, as a consequence of population ageing and insufficient savings, which reflects a…
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DOI: 10.1108/OXAN-DB285796
ISSN: 2633-304X
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Geographic
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It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…
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DOI: 10.1108/OXAN-DB285189
ISSN: 2633-304X
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Geographic
Topical
Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…
After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…
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DOI: 10.1108/OXAN-DB284334
ISSN: 2633-304X
Keywords
Geographic
Topical
Weak trade and fiscal policy constraints suggest global GDP growth will slow somewhat in 2024, with China and the United States losing momentum. Hopes for growth-boosting rate…