Russia
Member since
Member since
The Eurasian Development Bank (EDB) has released the latest issue of the Macroeconomic Review for its six member states. This regular publication provides a roundup of the macroeconomic situation and projects near-term developments in the member countries. The review also contains detailed statistics on key macroeconomic indicators.
Indicator
|
2022
|
2023
|
Projections
|
---|---|---|---|
GDP growth
|
2022
-2.5%
|
2023
-2.0%
|
Projections
Adaption to the changed operating environment
|
Year-end inflation
|
2022
11.9%
|
2023
6.0%
|
Projections
Inflationary risks prevail, including uncertainty about the impact of price ceilings and the EU embargo on Russia’s oil and oil products, widening budget deficits and a strong labour market |
Key rate, year’s average
|
2022
10.6%
|
2023
7.9%
|
Projections
Maintaining the key rate at 7.5–8% will ensure near-neutral monetary conditions and strike a compromise between mitigating inflation risks and fostering economic transformation
|
RUB/USD exchange rate, year’s average
|
2022
67.5
|
2023
68.4
|
Projections
Continued foreign trade surplus will support the rouble
|