Economists at Russia's Troika Dialog have looked at the country's macroeconomic situation, political sentiment and growth prospects in their latest monthly report.
Economists at Russia’s Troika Dialog have looked at the country’s macroeconomic situation, political sentiment and growth prospects in their latest monthly report.
The macroeconomic factors considered for their impact on the domestic economy include fiscal budgetary changes and recent actions of the Finance Ministry. Troika feels that these events are creating challenges for the local market, causing uncertainty in expectations.
Troika’s economists also look at the most talked about Russian event of last month – the trial and imprisonment of Pussy Riot punk band members. It looks at the attitudes of Russia’s population to the event, finding that most Russians remained relatively ambivalent to the scandal.
Along with this, the report explores the changing political affiliations of the country’s public. It uses data from polls conducted by Russia’s research agency Levada Centre to show that opposition sentiment is waning and Russians are not concerned whether the country is heading towards an authoritarian regime.
Finally, the report also offers some economic overviews and forecasts, finding that growth in the country is primarily driven by domestic demand. It forecasts gross domestic product growth of around 4% by the end of the year.
To read the full report click here: Russia Economic Monthly