Support Russia Insider - Go Ad-Free!

Moody's пересматривает прогноз развития российской экономики

Теперь международное рейтинговое агентство придерживается более оптимистичного взгляда на экономическое будущее России в 2015-2016 годах.  

Если раньше оно пришло к выводу, что ВВП России снизится на 5,5% в текущем году, то теперь говорит о трехпроцентном снижении, каковой показатель сохранится и в 2016. В той же оценке, выпущенной ее Службой для инвесторов, указывается, что в 2015 году инфляция составит 12%, снизившись до 8,5% в году следующем. 


This post first appeared on Russia Insider


Moody's Revises Outlook for Russian Economy

The international ratings agency has predicted Russia’s GDP will decline by less than previous estimations.

The international rating agency Moody's has provided an improved outlook for the Russian economy in 2015 and 2016, according to a research note from the agency's Investor's Service.

Previously, Moody's had said Russia's GDP would decline by 5.5 percent in 2015. Now, the agency is saying it expects a decline of just 3 percent in 2015, and that will remain unchanged through 2016, RG.ru reported.

Moody's noted that while Russia suffered a difficult fourth quarter in 2014, its financial markets have since stabilized. Therefore the country's recession is likely to be less significant and more brief than first anticipated. Moody's analysts said Russia's central bank's decision to reduce interest rates and the slight rise in global oil prices were the main factors behind its decision to adjust its outlook, as these have helped stabilize the ruble and restore growth in some areas of the economy.

Also in its report, Moody's said inflation in Russia will hit 12 percent this year, falling to 8.5 percent in 2016.

The Bank of Russia initially raised its key interest rate from 10.5 percent to 17 percent in December 2014. This was done to smooth inflation and counter the risk of devaluation after the rapid depreciation of the ruble in that month. With the situation now stablized, the bank has gradually begun lowering the interest rate, which is currently at 12.5 percent.
 

Image credit: Cuba via Picasa


Support Russia Insider - Go Ad-Free!

This post first appeared on Russia Insider

Anyone is free to republish, copy, and redistribute the text in this content (but not the images or videos) in any medium or format, with the right to remix, transform, and build upon it, even commercially, as long as they provide a backlink and credit to Russia Insider. It is not necessary to notify Russia Insider. Licensed Creative Commons


Our commenting rules: You can say pretty much anything except the F word. If you are abusive, obscene, or a paid troll, we will ban you. Full statement from the Editor, Charles Bausman.

Add new comment