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Re:UK households set for largest fall in living standards in... by phlipski on Thursday November 24, 2022 @03:40PM (#33735986)
Do you have any sources showing how the Russian economy is growing?
Re:UK households set for largest fall in living standards in... by timeon on Thursday November 24, 2022 @03:49PM (#33736071)
Especially since there are sources [0] stating the opposite.

[0] https://www.ft.com/content/e4f0cb9b-695c-4cc3-92c8-f8371de2a...

Re:UK households set for largest fall in living standards in... by unity1001 on Thursday November 24, 2022 @04:02PM (#33736193)
Re:UK households set for largest fall in living standards in... by rsj_hn on Thursday November 24, 2022 @05:40PM (#33737057)
Well what happened was that sanctions created a sharp, fast, contraction -- maybe 5% or so. Russia measures GDP year over year, so there are still declines. But the standard way of measuring GDP is continuously -- e.g. quarter over quarter, annualized. So according to more realtime data, the contraction lasted a couple of months and they are now in expansion, but it will probably be around 2Q 2023 before the year over year data turns positive.

A reference is here, using Goldman-Sachs faster frequency data.

https://www.economist.com/finance-and-economics/2022/10/11/a...