In 2016 trust in Russian President Vladimir Putin was 71%, but it has tumbled since then on the back of conflicts with the west and stagnating income levels to 31.7% in May, according to the state owned pollster, the Russian Public Opinion Research Centre (VTsIOM),
Despite his glowing press in western media, the anti-corruption blogger and opposition activist Alexei Navalny is only trusted by 1.5% of Russians and remains a political non-entity on the domestic scene.
Likewise, society it-girl and opposition figure Ksenia Sobchak is only trusted by 0.1% of those surveyed.
Defence Minister Sergei Shoigu and Foreign Minister Sergei Lavrov remains the most trusted figures after Putin.
In May Russian industrial output slowed to 0.9% year-on-year from 4.6% y/y posted in April, according to Rosstat state statistics agency. Industry in the reporting month underperformed analysts’ consensus expectation of 1.4% growth.
Fall is worse than predicted. Analysts weigh up whether Turkey can avoid double-dip recession.
Fitch Ratings downgraded Russia's GDP growth forecast for 2019 from 1.5% to 1.2%, following an unexpectedly weak economic performance in the first quarter.
The ‘tipping point’ at which labour demand will become equal to labour supply is just two years away in the Czech Republic, Lithuania and Poland, says a new study from wiiw.
Inflation is expected remain at around 2.4%-2.5% y/y in June before easing to 2%-2.5% in the second half of the year, despite core inflation accelerating.