Economy

Armenia's official unemployment rate showed early signs of improvement in January with a drop to 5.9% from 6.2% in December. Although we expect the economy to hit more difficult times... 2012-03-23

Preliminary Bank of Mongolia data show that the country's current account deficit widened to US$297.8mn in January, an increase of 60.2% over the same period in 2011. The trade in goods... 2012-03-23

According to the most recent data released by the National Statistical Committee, fixed capital investment spending declined by 13.3% in year-on-year (y-o-y) terms in the first two... 2012-03-23

We forecast the Tajik currency, the somoni, to average 4.8800 versus the US dollar this year, down from TJS4.6111/US$ in 2011. The weakening external demand picture will weigh on demand... 2012-03-22

We expect the proposed hike in electricity prices in Tajikistan, effective April 1, to have a highly deleterious impact on both economic growth and consumer price inflation this year.... 2012-03-22

We forecast Kyrgyzstan's real GDP growth in 2012 at 4.9%. We expect the slowdown in economic growth as a result of ongoing uncertainty surrounding the eurozone sovereign debt crisis... 2012-03-22

Kazakhstan's official reserves increased by 5.6% y-o-y in February to US$35.4bn, and increased by 4.9% in month-on-month terms from US$33.7bn in January. International foreign currency... 2012-03-22

Russia's consumer profile has been benefiting from the sharp drop in consumer price inflation in recent months, with year-on-year (y-o-y) real wage growth soaring into double-digits... 2012-03-20

We remain below consensus in our real GDP growth forecast for 2012, projecting economic growth of 3.2% this year, well below the 3.7% average Bloomberg consensus forecast, which in... 2012-02-24

The Azerbaijani economy underwent a difficult 2011, with major disruption to oil production resulting in an almost complete standstill. The economy expanded 0.1% last year, according... 2012-02-24