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Edward Hugh has a lively and enjoyable Facebook community where he publishes frequent breaking news economics links and short updates. If you would like to receive these updates on a regular basis and join the debate please invite Edward as a friend by clicking the Facebook link at the top of the right sidebar.

Claus Vistesen and I also have a number of country briefings and study papers available for download in PDF format. The latest are:

Bank Rossii Eases Further As Russia's Economy Contracts At A Record Rate

The ECB's Balance Sheet At A Glance.

Friday, December 7, 2007

Russia Q3 2007 GDP

Russia's economy expanded an annual 7.6 percent in the third quarter, faster than many economists had been expecting. This followed a 7.8 percent expansion in GDP in the second quarter, the Moscow-based Federal Statistics Service Rosstat said on its Web site today.

Russia, the world's biggest energy exporter, is enjoying its ninth consecutive year of economic expansion, boosted by revenue from energy sales and rising wages. The economy will expand at least 7.3 percent this year, up from 6.7 percent in 2006, according to the Economy Ministry's forecasts.

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