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Russia's Economy Picked Up in Early 2024 on Consumers, Exports.
In: Bloomberg.com, 2024-04-01, S. N.PAG
Online
serialPeriodical
Zugriff:
Russia's economy has shown signs of acceleration at the beginning of 2024, driven by strong consumer demand, investment, and exports. Despite concerns of slowing growth, the Bank of Russia reported an increase in consumer resilience, supported by rising household incomes and borrowing. The country's largest companies also maintain a stable financial position, and the business climate indicator is at its healthiest in 12 years. The central bank has kept interest rates unchanged at 16% to navigate inflation risks, while highlighting recent growth in commodity prices and exports. However, Russia is facing challenges in attracting foreign funding. [Extracted from the article]
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Russia's Economy Picked Up in Early 2024 on Consumers, Exports.
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Zeitschrift: | Bloomberg.com, 2024-04-01, S. N.PAG |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
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