15.06.2023, 07:41
The main risk for the Russian economy is named
Source: OREANDA-NEWS
OREANDA-NEWS The head of the rating agency "Expert RA" Marina Chekurova on the sidelines of the St. Petersburg International Economic Forum (SPIEF) called the main risk to the Russian economy. In her opinion, this will be a global recession and a slowdown in business activity, RIA Novosti reports.
"In our opinion, the main risk is the strengthening of the global slowdown and a blow to the prices of our exports," the expert said.
According to Chekurova, even in the case of a mild recession, a slowdown in exports will follow, which has already fallen below last year's records. This will affect companies and consumers through pressure on suppressed demand.
The expert concluded that last year's risks for the Russian economy have become familiar, adaptation has taken place.
Earlier it became known that in the first quarter of 2023, the euro area economy officially entered a recession — GDP declined by 0.1 percent after a decline in the previous quarter. This is evidenced by the data of the European statistical agency Eurostat.
"In our opinion, the main risk is the strengthening of the global slowdown and a blow to the prices of our exports," the expert said.
According to Chekurova, even in the case of a mild recession, a slowdown in exports will follow, which has already fallen below last year's records. This will affect companies and consumers through pressure on suppressed demand.
The expert concluded that last year's risks for the Russian economy have become familiar, adaptation has taken place.
Earlier it became known that in the first quarter of 2023, the euro area economy officially entered a recession — GDP declined by 0.1 percent after a decline in the previous quarter. This is evidenced by the data of the European statistical agency Eurostat.
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