IMF Staff Country Reports

Russian Federation: 2013 Article IV Consultation

Publication Date:

October 21, 2013

Electronic Access:

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Summary:

This 2013 Article IV Consultation highlights that real GDP growth in Russia has slowed, amid weak investment and external demand. Yet, the economy remains close to full capacity, with unemployment at historic lows and capacity utilization at pre-crisis highs. Short-term indicators are mixed, but on balance suggest some recovery of activity in recent months, indicating a stronger growth outlook for the second half of 2013. The near-term outlook is for moderate growth and inflation at the upper end of the target range of the Central Bank of the Russian Federation (CBR).

Series:

Country Report No. 2013/310

Subject:

Banking Correspondent banking Financial services Fiscal policy Fiscal rules Inflation Oil prices Prices Public debt

Notes:

Also available in Russian