In 2015, Russia's economy awaits deterioration
10.12.2014 2955

In 2015, Russia's economy awaits deterioration

World Bank representatives put forward their forecasts on the development of the economy in Russia in 2015

The World Bank warns that zero GDP growth can be expected next year. We would like to remind that before that the forecast was a growth of 0,3%. The main threat is still seen in the unstable position of "black gold" on the market. Thus, analysts predict a drop in oil prices to $ 85 per barrel. In September, this figure was $ 99,5 per barrel.

Forecasts were also put forward by the Ministry of Economic Development and the Ministry of Finance. So, in the Ministry of Economic Development, the economy is expected to fall to 0,8%. They suggest that the dollar may reach 49 rubles.

The estimates of the Ministry of Finance vary, where they believe that a drop in GDP growth to 0,8% is possible under an optimistic scenario, which provides for a decrease in oil prices to 80 dollars per barrel.

World Bank representatives put forward their forecasts on the development of the economy in Russia in 2015
5
1
Rating

Latest News

Trend Island department store opened in Moscow in the Evropeisky shopping center

In mid-April, the opening of the second Trend Island department store took place in one of the key shopping centers of the capital, in the Evropeisky shopping center. The first department store with a focus on presenting collections of clothing, shoes and accessories from Russian designers was…
25.04.2024 147

The qualifying round of the Shoes-Style competition for footwear and accessories designers took place in Moscow.

On April 24, the qualifying round of the international competition of shoe and accessory designers “Shoes-Style” took place. At the site of the competition organizer, Russian State University. A.N. Kosygin demonstrated 70 collections of participants...
25.04.2024 297

Major players in the sportswear and footwear market are experiencing a slowdown in sales

The sportswear segment was not immune to the effects of inflation: in 2023, sales of the main players slowed down, writes...
23.04.2024 376

Portugal overtakes Spain in shoe production

Portugal has become the second largest shoe producer in Europe, overtaking Spain. According to Eurostat, Portugal produced 2022 million pairs of shoes in 85, two million more than its Spanish rival, writes...
23.04.2024 1375

Puma has released a commercial version of the biodegradable Re:Suede sneakers

After two years of its biodegradable footwear pilot program, German sportswear and footwear manufacturer Puma has released a commercial version of its biodegradable Re:Suede sneaker...
23.04.2024 1382
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning