Russian Federation Monthly Economic Developments

Second quarter gross domestic product (GDP) estimates and high-frequency indicators suggest continued weakness in the economy even before the latest round of economic sanctions introduced by the European Union (EU), the United States (U.S.), and ot...

Full description

Bibliographic Details
Main Authors: Hansl, Birgit, Cosic, Damir, Emelyanova, Olga, Kida, Mizuho, Matytsin, Mikhail, Vashakmadze, Ekaterine
Format: Economic Updates and Modeling
Language:English
en_US
Published: World Bank Group, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2014/08/20148092/russian-federation-monthly-economic-developments
http://hdl.handle.net/10986/19972
id okr-10986-19972
recordtype oai_dc
spelling okr-10986-199722021-04-23T14:03:54Z Russian Federation Monthly Economic Developments Hansl, Birgit Cosic, Damir Emelyanova, Olga Kida, Mizuho Matytsin, Mikhail Vashakmadze, Ekaterine ACCOUNT DEFICIT BALANCE OF PAYMENTS BANK LENDING BANKS BASIS POINTS BOND BOND ISSUANCE BORROWING COSTS BUDGET SURPLUS BUSINESS CONFIDENCE CAPITAL FLOWS CAPITAL OUTFLOWS CAPITALIZATION CDS CENTRAL BANK CONSUMER DEMAND CONSUMER PRICES CREDIT DEFAULT CREDIT DEFAULT SWAPS CREDIT FLOWS CREDIT GROWTH CURRENCY CURRENCY BASKET CURRENCY SWAPS CURRENT ACCOUNT DEPOSITORS DEPOSITS DEPRECIATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC DEMAND DUAL CURRENCY ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EMERGING MARKET EMERGING MARKET BONDS EMPLOYMENT ENERGY EXPORTS EQUIPMENT EQUITY FLOWS EQUITY ISSUANCE EUROPEAN CENTRAL BANK EXCHANGE RATE EXCHANGE RATE DYNAMICS EXPENDITURE EXPENDITURES EXTERNAL FINANCING FEDERAL BUDGET FIXED INVESTMENT FOOD PRICES FOREIGN DIRECT INVESTORS FOREIGN EXCHANGE GEOPOLITICAL TENSION GEOPOLITICAL TENSIONS GLOBAL ECONOMY GROWTH RATES IMPORTS INCOME INCOME GROWTH INCOMES INDEBTEDNESS INFLATION INFLATION EXPECTATIONS INFLATION RISK INFLATION RISKS INFLATION TARGET INFLATIONARY PRESSURE INFLATIONARY PRESSURES INTERNATIONAL RESERVES INVENTORIES INVESTMENT DEMAND MATURITY NET CAPITAL NON-PERFORMING LOANS OIL PRICES OUTPUT OUTSTANDING CREDIT PAYMENT DEFAULT PENSION PENSION FUND PENSION FUNDS PORTFOLIO PRIVATE PENSION PROFIT MARGINS REAL GROWTH RATES REAL SECTOR REGULATOR RESERVES RETAIL RETAIL TRADE SALES SLOWDOWN SOVEREIGN BONDS SWAPS TARIFF POLICY TAX UNEMPLOYMENT RATE WAGES Second quarter gross domestic product (GDP) estimates and high-frequency indicators suggest continued weakness in the economy even before the latest round of economic sanctions introduced by the European Union (EU), the United States (U.S.), and other countries in late July. The World Bank maintains its current 0.5 percent growth projection for 2014. Inflation slowed in July, but the wide-ranging ban on food imports the Russian authorities introduced in early August will likely increase short-term inflationary pressure and put the Central Bank s 2014 inflation target further out of reach. Pressure on the Ruble resumed on the back of escalating geopolitical tension and advanced sanctions. The continued slowdown in Russia comes amid a sharp rebound in economic growth in the U.S. in the second quarter and a modest pickup in activity in China, while external financing conditions for developing countries remain favorable, reflecting continued accommodative policies in high-income economies. Global oil prices reversed their course in July as geopolitical risks emanating out of Iraq abated, but the ban of EU exports of oil drilling technology to Russia can drive up prices again. 2014-09-08T19:52:13Z 2014-09-08T19:52:13Z 2014-08-11 http://documents.worldbank.org/curated/en/2014/08/20148092/russian-federation-monthly-economic-developments http://hdl.handle.net/10986/19972 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Europe and Central Asia Russian Federation
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNT DEFICIT
BALANCE OF PAYMENTS
BANK LENDING
BANKS
BASIS POINTS
BOND
BOND ISSUANCE
BORROWING COSTS
BUDGET SURPLUS
BUSINESS CONFIDENCE
CAPITAL FLOWS
CAPITAL OUTFLOWS
CAPITALIZATION
CDS
CENTRAL BANK
CONSUMER DEMAND
CONSUMER PRICES
CREDIT DEFAULT
CREDIT DEFAULT SWAPS
CREDIT FLOWS
CREDIT GROWTH
CURRENCY
CURRENCY BASKET
CURRENCY SWAPS
CURRENT ACCOUNT
DEPOSITORS
DEPOSITS
DEPRECIATION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DOMESTIC DEMAND
DUAL CURRENCY
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
ECONOMIC GROWTH
EMERGING MARKET
EMERGING MARKET BONDS
EMPLOYMENT
ENERGY EXPORTS
EQUIPMENT
EQUITY FLOWS
EQUITY ISSUANCE
EUROPEAN CENTRAL BANK
EXCHANGE RATE
EXCHANGE RATE DYNAMICS
EXPENDITURE
EXPENDITURES
EXTERNAL FINANCING
FEDERAL BUDGET
FIXED INVESTMENT
FOOD PRICES
FOREIGN DIRECT INVESTORS
FOREIGN EXCHANGE
GEOPOLITICAL TENSION
GEOPOLITICAL TENSIONS
GLOBAL ECONOMY
GROWTH RATES
IMPORTS
INCOME
INCOME GROWTH
INCOMES
INDEBTEDNESS
INFLATION
INFLATION EXPECTATIONS
INFLATION RISK
INFLATION RISKS
INFLATION TARGET
INFLATIONARY PRESSURE
INFLATIONARY PRESSURES
INTERNATIONAL RESERVES
INVENTORIES
INVESTMENT DEMAND
MATURITY
NET CAPITAL
NON-PERFORMING LOANS
OIL PRICES
OUTPUT
OUTSTANDING CREDIT
PAYMENT DEFAULT
PENSION
PENSION FUND
PENSION FUNDS
PORTFOLIO
PRIVATE PENSION
PROFIT MARGINS
REAL GROWTH RATES
REAL SECTOR
REGULATOR
RESERVES
RETAIL
RETAIL TRADE
SALES
SLOWDOWN
SOVEREIGN BONDS
SWAPS
TARIFF POLICY
TAX
UNEMPLOYMENT RATE
WAGES
spellingShingle ACCOUNT DEFICIT
BALANCE OF PAYMENTS
BANK LENDING
BANKS
BASIS POINTS
BOND
BOND ISSUANCE
BORROWING COSTS
BUDGET SURPLUS
BUSINESS CONFIDENCE
CAPITAL FLOWS
CAPITAL OUTFLOWS
CAPITALIZATION
CDS
CENTRAL BANK
CONSUMER DEMAND
CONSUMER PRICES
CREDIT DEFAULT
CREDIT DEFAULT SWAPS
CREDIT FLOWS
CREDIT GROWTH
CURRENCY
CURRENCY BASKET
CURRENCY SWAPS
CURRENT ACCOUNT
DEPOSITORS
DEPOSITS
DEPRECIATION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DOMESTIC DEMAND
DUAL CURRENCY
ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENTS
ECONOMIC GROWTH
EMERGING MARKET
EMERGING MARKET BONDS
EMPLOYMENT
ENERGY EXPORTS
EQUIPMENT
EQUITY FLOWS
EQUITY ISSUANCE
EUROPEAN CENTRAL BANK
EXCHANGE RATE
EXCHANGE RATE DYNAMICS
EXPENDITURE
EXPENDITURES
EXTERNAL FINANCING
FEDERAL BUDGET
FIXED INVESTMENT
FOOD PRICES
FOREIGN DIRECT INVESTORS
FOREIGN EXCHANGE
GEOPOLITICAL TENSION
GEOPOLITICAL TENSIONS
GLOBAL ECONOMY
GROWTH RATES
IMPORTS
INCOME
INCOME GROWTH
INCOMES
INDEBTEDNESS
INFLATION
INFLATION EXPECTATIONS
INFLATION RISK
INFLATION RISKS
INFLATION TARGET
INFLATIONARY PRESSURE
INFLATIONARY PRESSURES
INTERNATIONAL RESERVES
INVENTORIES
INVESTMENT DEMAND
MATURITY
NET CAPITAL
NON-PERFORMING LOANS
OIL PRICES
OUTPUT
OUTSTANDING CREDIT
PAYMENT DEFAULT
PENSION
PENSION FUND
PENSION FUNDS
PORTFOLIO
PRIVATE PENSION
PROFIT MARGINS
REAL GROWTH RATES
REAL SECTOR
REGULATOR
RESERVES
RETAIL
RETAIL TRADE
SALES
SLOWDOWN
SOVEREIGN BONDS
SWAPS
TARIFF POLICY
TAX
UNEMPLOYMENT RATE
WAGES
Hansl, Birgit
Cosic, Damir
Emelyanova, Olga
Kida, Mizuho
Matytsin, Mikhail
Vashakmadze, Ekaterine
Russian Federation Monthly Economic Developments
geographic_facet Europe and Central Asia
Russian Federation
description Second quarter gross domestic product (GDP) estimates and high-frequency indicators suggest continued weakness in the economy even before the latest round of economic sanctions introduced by the European Union (EU), the United States (U.S.), and other countries in late July. The World Bank maintains its current 0.5 percent growth projection for 2014. Inflation slowed in July, but the wide-ranging ban on food imports the Russian authorities introduced in early August will likely increase short-term inflationary pressure and put the Central Bank s 2014 inflation target further out of reach. Pressure on the Ruble resumed on the back of escalating geopolitical tension and advanced sanctions. The continued slowdown in Russia comes amid a sharp rebound in economic growth in the U.S. in the second quarter and a modest pickup in activity in China, while external financing conditions for developing countries remain favorable, reflecting continued accommodative policies in high-income economies. Global oil prices reversed their course in July as geopolitical risks emanating out of Iraq abated, but the ban of EU exports of oil drilling technology to Russia can drive up prices again.
format Economic & Sector Work :: Economic Updates and Modeling
author Hansl, Birgit
Cosic, Damir
Emelyanova, Olga
Kida, Mizuho
Matytsin, Mikhail
Vashakmadze, Ekaterine
author_facet Hansl, Birgit
Cosic, Damir
Emelyanova, Olga
Kida, Mizuho
Matytsin, Mikhail
Vashakmadze, Ekaterine
author_sort Hansl, Birgit
title Russian Federation Monthly Economic Developments
title_short Russian Federation Monthly Economic Developments
title_full Russian Federation Monthly Economic Developments
title_fullStr Russian Federation Monthly Economic Developments
title_full_unstemmed Russian Federation Monthly Economic Developments
title_sort russian federation monthly economic developments
publisher World Bank Group, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/08/20148092/russian-federation-monthly-economic-developments
http://hdl.handle.net/10986/19972
_version_ 1764444712102526976