RaboResearch - Economic Research

Country Report

Russia: bottoming out?

Russia’s economy might be finally bottoming out after recording a 5% yoy contraction in 2Q15, the sharpest in six years. However the growth outlook remains bleak due to structurally lower oil prices, existing sanctions and lack of structural reforms.

Country Report

Peru: losing steam

Falling commodity prices take their toll on the Peruvian economy and currency. Political vacuum leaves room for more radical outsiders in the 2016 elections.