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Russian domestic supply of farm inputs will rise

Location:

RUSSIA

Western sanctions exposed supply-chain vulnerabilities for farm machinery, high-yield seeds and pedigree livestock. Western governments have not attempted to maximise their…

Russia's construction boom is likely to moderate

Location:

RUSSIA

The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…

China’s economy recovers but key issues will remain

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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…

Prospects for the Russian economy to end-2023

Location:

PROSPECTS H2 2023

Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…

After a strong year for Australia, growth will slow

Location:

AUSTRALIA

This figure is higher than the RBA’s forecast of 1.5%, as labour demand remains strong and business investment resumes as supply chain disruption subsides. However, persistent…

Prospects for the US economy to end-2023

Location:

PROSPECTS H2 2023

Since labour market tightness is now the key source of inflationary pressures, slower economic activity will increase unemployment. Research by Ben Bernanke and Olivier Blanchard…

Romania will not meet OECD goals by date set

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ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Militarisation will cause rising distortions in Russia

Location:

RUSSIA

Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…

Smaller trade surplus will keep ruble low this year

Location:

RUSSIA

Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…

Drought could be a defining issue in Spanish elections

Location:

SPAIN

April was the hottest and driest month since records began in 1961. Drought is harming agricultural production and pushing up food prices; it has become a key issue ahead of…