Report post Nov 05, 2019 Forecasting Russia – Reconcile the Incompatible The recently released set of Russia’s monthly statistics produced a mixed impression, not only because some segments of the economy performed quite well while Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
Report post Oct 18, 2019 Sovereign Debt: OFZ Rally is a Problem for the Finance Ministry Despite the new round of anti-Russian sanctions and the increase of global turbulence in the first half of August, the OFZ market remains calm. Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
Report post Oct 11, 2019 Russia’s Monetary Policy: Priorities to be Reconsidered Amid Decelerating Inflation, Slow Growth As in early October the w-o-w inflation did not move to a positive territory for another week and remained at zero, it became almost Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
Report post Oct 01, 2019 Budget 2020: Smaller Surplus – Fewer Distortions Russian Ministry of Finance released an updated draft version of a three-year rolling budget, which indicates a shift from a kind of austerity and Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
Report post Sep 06, 2019 Russian Macro – Falling Inflation to Pull Key Rate Down Rosstat reported that the YTD inflation reached 2.4% as of September 2, which is already lower than the cumulative inflation over the same period Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
Report post Aug 28, 2019 Russia in Global Context: Resilient to Shocks, But Growing Slowly In recent weeks a flow of rather hot news was unable to ease the concerns about slowing economic growth worldwide, but Russia was not Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
Report post Aug 21, 2019 OFZ: Market Calm, Risks Moving to 1Q20 Despite the new round of anti-Russian sanctions and the increase of global turbulence in the first half of August, the OFZ market remains calm. Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
Report post Jul 25, 2019 Economy: Making Russia Safe Again The CBR can support consumer demand by gradually bringing its key rate closer to more comfortable levels, where the word “comfortable” means comfort not Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
Report post Jun 24, 2019 Russian Macro: Healthy Rate Cut Rosstat reported that the major economic indicators in May 2019 were not as good as in April, but that was largely expected as there Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
Report post Jun 20, 2019 OFZ: Supportive Combination The recent CBR decision to cut the key interest rate and its generally dovish comments about the future direction of the monetary policy may Alexander Kudrin, Evgeny Gavrilenkov GK EM Analytica
