Economic Snapshot for the CIS Countries
October 6, 2021
CIS Plus GDP to rebound in 2021
The CIS Plus economy should recover strongly this year, amid the release of pent-up consumer demand and as a sturdier external backdrop boosts regional exports. Moreover, rekindled domestic activity in heavyweight Russia should translate into healthier remittance inflows for smaller economies. Geopolitical tensions and new Covid-19 strains cloud the outlook, however.
Regional inflation to peak
Regional inflation rose to 7.4% in August (July: 7.2%), marking the highest reading since our records began in 2018. The acceleration was broad-based, with just Kyrgyzstan posting a decrease in inflation from the previous month. Regional inflation should peak by the end of the year and gradually moderate next year on cooling demand growth and easing supply constraints.
5 years of CIS Countries economic forecasts for more than 30 economic indicators.
CIS Countries Economic News
October 14, 2021
Merchandise exports shot up 85.3% annually in August.
October 4, 2021
The economy grew 10.5% year-on-year in the second quarter of 2021, according to a third national accounts estimate.
October 1, 2021
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) came in at 49.8 in September, up from August's 46.5.
October 1, 2021
Consumer prices rose 0.40% in September over the previous month, after the 0.47% increase recorded in August.
September 22, 2021
Industrial output grew 0.6% year-on-year in August (July: +0.2% yoy).
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