Ukraine economy is recovering but the slow pace of that recovery has disappointed. The economy generated lackluster growth of just above 2% over the past two years. Industrial production was flat ... more
Georgia, the small South Caucasus country of 3.9mn, grew by 4.9% y/y in the first half of 2017 and 4.7% in the first three quarters . The Georgian economy decelerated from 2.9% in 2015 to 2.7% in ... more
The European Bank for Reconstruction and Development (EBRD) has revised upward the forecast for Belarus' GDP growth to 1.5% in 2017 from its previous estimate of a 0.5% contraction in its May ... more
Ukraine's real GDP grew 2.1% year-on-year in July-September, the Ukrstat state statistics agency reports which while encouraging is still well under potential. The population are still mired in ... more
Russia’s GDP rose 2.2% y/y in 3Q17 due to the one-off support from agricultural sector and steadier acceleration of retail sales and will end the year with about 2.0-2.1% of growth as predicted. ... more
Iran’s economy has experienced an “impressive recovery” since international sanctions were lifted in January last year and delivered an annual economic growth of 12.5% in the last Persian year ... more
The Belarusian economy is doing a lot better this year than anyone thought it would do at the start of this year - largely thanks to Russia’s economic recovery. The IMF revised its forecast ... more
Electioneering for the presidential vote in 2019 is in full swing now and increasingly affecting the political agenda, slowing reforms as the government is starting to put off the more painful ... more
Russian GDP grew in April-June by 2.5% y/y. According to fresh GDP figures, however, much of the growth came from a build-up in inventories, suggesting that growth is still on a rather fragile base. ... more
Georgia, the small South Caucasus country of 3.9mn, grew by 4.9% y/y in the first half of 2017 and 4.7% in the first three quarters . The Georgian economy decelerated from 2.9% in 2015 to 2.7% in ... more
Iran’s economy has experienced an “impressive recovery” since international sanctions were lifted in January last year and delivered an annual economic growth of 12.5% in the last Persian year ... more
The pace of economic recovery so far this year has not been particularly breathtaking as temporary negative factors, especially the suspension of trade in Eastern Ukraine, have prevented a ... more
Belarus’s economy is doing a lot better than expected, with the government forecasting GDP growth may hit 1.7% this year, against expectations of no growth at all at the start of the year. ... more
Lifted by higher oil prices, Russian GDP has returned to positive growth this year as anticipated. Growth in the second quarter was 2.5%, more than expected, and growth forecasts for the whole year ... more
Georgia, the small South Caucasus country of 3.9mn, grew by 4% y/y in the second-quarter of the year and 4.5% y/y in the first-half. The Georgian economy decelerated from 2.9% in 2015 to 2.2% in ... more
Russia’s economy continued to expand thanks to investment, which is mainly a function of continued infrastructure spending by exporters and the state, which, however, is not enough to offset ... more
Iran’s economy has experienced an “impressive recovery” since international sanctions were lifted in January last year and delivered an annual economic growth of 12.5% in the last Persian year ... more
Belarus has been the last horse out of the gate in the economic recovery stakes but the recovery is underway now. Belarus' GDP growth of 1% in the first half 2017 is a good result, as many were ... more
Ukraine's real GDP grew 2.4% year-on-year across April-June, the Ukrstat state statistics agency in Kyiv reported on August 14. That is good news, but it also shows the economy has slowed from the ... more
Georgia, the small South Caucasus country of 3.9mn, grew by 4% y/y in the second-quarter of the year and 4.5% y/y in the first-half. The Georgian economy mildly decelerated from 2.9% in 2015 to 2.7% ... more