Russia's Outlook is Bleak Despite Growth says Schroders

Russia achieved a surprise 0.4% annual GDP growth rate for 2014 it was revealed this week, but investors should still be wary of the nation's prospects say economists

Schroders Investments 2 April, 2015 | 12:02PM

Morningstar's "Perspectives" series features investment insights from selected third-party contributors. Here, Craig Botham, Emerging Markets Economist at Schroders, comments on today's Russian GDP figures and what he expects for Russia's economy in 2015, and fellow BRIC nation Brazil.

The Russian economy put in a better than expected performance in the final quarter of 2014, with GDP growing 0.4% year on year against consensus expectations of 0% growth.

The Q4 growth was lower than the upwardly-revised previous quarter’s 0.9% growth, but a weaker number had been expected given the somewhat calamitous collapse of oil in the closing weeks of 2014. Growth for the year overall came in at 0.6%. 

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author

Schroders Investments  manages more than £200 billion on behalf of institutional and retail investors, financial institutions and high net worth clients from around the world. 

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies