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Real Economy, no. 40

Publishing date: Monday, 08 July 2013
Views: 22812

The Economic Leading Indicator updated for May:13 shows a fledgling revival, mainly supported by a healthy expansion in lending, remittances and consumption. However, the recent climate anomalies are likely to take their toll on the agricultural sector recovery expected for this year. Coupled with difficult economic conditions in Russia and EU, it could have direct repercussions on the economic growth prospects. All in all,  despite the robust 3.5% growth in Q1:13, the macroeconomic prospects remain uncertain, while the risks - high.

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