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Wage Growth Fuels Consumption Boom
www.themoscowtimes.com
[The Moscow Times] - "The Russian growth story is now consumption growth," said Natalya Orlova, chief economist at Alfa Bank. The rises in wages and consumption help to explain why the economy is proving remarkably resilient to a global slowdown that is reducing prices for
Google News: Russian Economy Showing Signs of Overheating
[The Moscow Times (blog)] - In the recovery in economic growth was at 70 percent, driven by stock building," said Natalya Orlova, chief economist at Alfa Bank. "However, starting in the fourth quarter of 2011, the Russian economy entered a destocking process. According
Advantages of WTO Offset by Facts of Life, Businesses Say
www.themoscowtimes.com
[The Moscow Times] - Natalya Orlova, chief economist at Alfa Bank, said prices for some goods in Russia are higher "because they include the cost of doing business," a euphemism for bribes. Duties on imported goods have historically offset those costs. Grudinin, whose farm
Poll Shows Economy Strong, If Slowing
www.themoscowtimes.com
[The Moscow Times] - "The point is that the first half of the year seems to be very strong," said Natalya Orlova , chief economist at Alfa Bank. "Russia was not really affected by the global risks; the local trend remained quite decoupled from the global environment." The
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