Economy

According to preliminary data from the Mongolian National Statistical Office, the Mongolian economy grew by a whopping 17.3% in 2011, exceeding our own 15.8% real GDP growth estimate.... 2012-01-27

Kazakhstan's official reserves increased by 3.6% y-o-y in December to US$29.3bn, although decreased by 8.9% in month-on-month terms from US$32.2bn in November. International foreign... 2012-01-27

Major global macroeconomic risks are set to keep Armenian growth subdued in 2012. The Armenian government is currently forecasting real GDP growth of 4.4% in 2012, according to its... 2012-01-26

Economic growth has been confirmed at 1.9% in the third quarter of 2011, down from 11.4% in Q211. Households saw a 0.7% y-o-y contraction in demand (down from 7.1% the previous quarter)... 2012-01-26

We believe that the ongoing bull-run in the Russian rouble could soon run into some heavy resistance, as concerns over the state of the global economy mount and political uncertainty... 2012-01-26

We have revised down our forecast for end-2012 Kyrgyz consumer price inflation to 6.2% year-on-year (y-o-y) from 8.3% previously. We currently estimate end-2011 growth in the consumer... 2012-01-24

We have revised down our forecast for Tajikistan's growth in the industrial production (IP) index to 5.0% in 2012 from 7.6% previously. We estimate industrial production increased by... 2012-01-23

Overheating risks for the Mongolian economy are rapidly moving to the fore, and although we do not rule out additional monetary tightening by the central bank in bid to rein in credit... 2012-01-04

The decline in Azerbaijani oil and gas output throughout 2011 has seen the volume of total exports drop by 3.7% year-on-year in the 10 months to October, according to the State Statistical... 2012-01-03

The National Bank of Georgia cut the refinancing rate by 25bps in both November and December, to 6.75%. This came on the back of a sharp fall in headline inflation, with consumer prices... 2012-01-03