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Global Macro-Market Outlook

Commonwealth of Independent States: September 2010 Outlook Update

By Kavitha Cherian and Rachel Ziemba
Sep 10, 2010 | Last Updated
Global Economics Outlook, GDP and CPI data for Commonwealth of Independent States

  • Supported by global restocking, the region bounced back sharply and performed strongly in H1 2010 but will slow in H2 as base effects wear off.
  • A spike in food prices due to drought threatens to push up inflation, exacerbating easy money conditions.
  • Financial sector vulnerabilities remain a constraint on growth, particularly domestic demand.

Outlook Update: Stable Recovery but Still Vulnerable to Global Climate

RGE holds to its view that the CIS region, excluding Russia, will average 4% growth in 2010. The region’s commodity exporters have boosted spending, taking advantage of[...]

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