01.02.2015
The Russian economy in 2014 showed the lowest growth rate over the past four years – only 0.6%.
According to the forecasts of the Central Bank, in the first half of 2015 decline in GDP due to low oil prices and the weakening of the ruble could reach 3.2%. With a further reduction in hydrocarbon prices rate of decline may be even more significant.
The Russian economy in 2014 showed an increase of 0.6%, according to data released Friday by Rosstat. In 2011, the figure was 4.3% in 2012 – 3.4% and in 2013 – 1.3%. Thus, the growth rate of GDP, compared with the previous year decreased by 0.7% and reached the minimum value over the past four years.
Moreover, as predicted by the Central Bank of the Russian Federation in the first half of 2015, the Russian economy will show decline to 3,2%.
The regulator expects that in the context of high prices for imported investment goods, the deteriorating financial performance of companies, conservation sanctions limited availability of long-term financial resources and the tightening of credit conditions continue to decline in investment in fixed assets. This will entail a reduction in real wages and a slowdown in retail lending, which in turn will cause a decrease in consumer activity.
«The main reasons for the fall of GDP growth began to decrease in consumption and a sharp decline in investment. In addition, the role played and reduced lending amid high interest rates, “- said” Gazeta.ru “chief economist at Deutsche Bank in Russia Yaroslav Lissovolik.
According to him, the Russians are now trying once again waive any and all expenses due to the fall in their real incomes and high inflation.
«If you consider all these factors and take into account the current oil prices, the forecast decline in GDP of 3.2%, with the possible partial recovery in the second half of the year seems quite justified. However, if oil prices decline further, then we can expect an even greater fall of GDP growth “- summed up Lissovolik, according to Oil of Russia.
Note that if you struggle with falling oil prices, political actions hardly realistic (if not to bring these actions to the present war), the lifting of sanctions for the US and its allies against Russia, beating on the Russian economy, it is you can.
To fight for the lifting of sanctions the US and its allies against Russia can most effectively be at the US Embassy (“the Ambassador John Tefft”) in Moscow, and US Consulates in St. Petersburg, Yekaterinburg and Vladivostok. Pickets for the lifting of sanctions with a simple requirement: “Obama, take their self Putin!” Will perfectly legal even Putin “laws” and are very effective in the fight against US sanctions and their allies, both old and new potential.
Of course, to effectively fight against the sanctions can be and all other US missions in the world.
© 2015, Zarusskiy.Org
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