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Putin Discusses The Economy, Global Markets In Annual Presser

RUSSIA

Putin Speaks at annual presser:

  • Russia 2021 GDP growth seen at 4.5%
  • Grain harvest slightly less y/y, still very good result
  • Real disposable income seen growing this year
  • Russian inflation this year expected at 8%
  • Collective immunity in Russia is 59.4%
  • US Fed will have to do something about inflation
  • I'm aware real sector is unhappy about higher rates
  • Russia could end up like Turkey without rate hikes
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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