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Le PIB russe : plus de 3,5% de croissance en 2023 !

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Jan 12, 2024, 6:44:44 AMJan 12
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Allo le con de Bercy à l'anus brun et bombé !

https://www.rt.com/business/590455-russian-economy-biggest-europe/

Russia's economy outperforming chief European rivals – Putin

The country is ahead of its regional peers in terms of purchasing power
parity, according to the president

The Russian economy is growing at a rapid pace, and its gross domestic
product (GDP) may have expanded by more than the previously estimated
3.5% in 2023, President Vladimir Putin stated on Thursday.

Speaking with business representatives of Russia’s Far East in the city
of Khabarovsk, the Russian president noted that this is an “amazing”
success given that the country has had to operate under unprecedented
Western economic sanctions.

“It seems that we are being strangled and crushed from all sides, but we
have become the first in Europe in terms of economic output. We have
overtaken Germany, and we've taken fifth place. China, USA, India,
Japan, Russia. [We’re] number one in Europe,” he stated. The president
was referring to Russia having moved into fifth place among world
economies – and first in Europe – if measured by GDP on a PPP
(purchasing power parity) basis. PPP is a metric popular with many
economists that compares economic productivity and standards of living
between countries by adjusting for the differences in the cost of goods
and services.

Putin noted that the drop experienced by Russia’s economy in the wake of
Western restrictions last year turned out to be less significant than
previously estimated.

“We always thought in 2022 we suffered from a 2.1% decline, but this in
fact turned out to be 1.2%. Therefore, GDP growth [for 2023] may be
higher,” he said, adding that it may even exceed 4%. Still, Putin
believes there is much potential for improvement.

“In terms of PPP, we have overtaken the whole of Europe, but with regard
to per capita GDP, we still need to try harder,” the Russian leader stated.

Putin also noted that the tight monetary policy adhered to by the Bank
of Russia over the past several months is a temporary measure to rein in
inflation. The regulator more than doubled the key rate in 2023 to 16%
in a series of consecutive hikes, even though, according to official
projections, annual inflation dropped significantly in 2023 versus the
previous year, to 7.5% from nearly 12%.

“The key rate in its current form is temporary in nature… When issues
related to inflation are resolved, the situation will change,” Putin
pledged, adding that the country will reach the target indicators in the
near term. The central bank last month predicted that inflation is
likely to decline to 4.0-4.5% in 2024 and stay close to 4% going forward.


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