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Siluanov Talks Up Prospects of Better Growth This Year

RUSSIA
  • Siluanov spoke optimistically on the prospects for growth ahead, outlining expectations for growth to recover to 2.5% and “maybe higher” this year. Official forecasts will be revised later this month by the Ministry of Economic Development. Siluanov expects inflation to remain at around 6% this year, slowing to 4% in subsequent years.
  • Local reports cite further downing of Ukrainian drones, with air defenses destroying one approaching Moscow, and two in a region bordering Ukraine. Air traffic at Domodedovo and Vnukovo airports was temporarily suspended.
  • Data and risk events light Monday, with retail sales and unemployment rate data the focus on Wednesday.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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