Monday, June 8, 2015

Alexander Mercouris — Russian Central Bank Forecasts End of Recession in Final Quarter

The Russian Central Bank is now predicting a return to growth in the last quarter of 2015. 
It has confirmed that the inflation peak has now passed and that price growth has been stable for several weeks. 
Indeed the Central Bank says there is even a possibility that prices may fall in August - a month when inflation is traditionally lower in Russia....
Russia Insider
Russian Central Bank Forecasts End of Recession in Final Quarter
Alexander Mercouris

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