Deflation will end in December

In accordance with the final GUS data, CPI inflation rose to -0.2% YoY in October vs. -0.5% in September, running in line with the flash GUS estimate and above our forecast equal to the market consensus (-0.3%). ... More

Disappointing data on retail sales

In accordance with GUS data, sold production of industry in enterprises employing more than 9 people rose by 3.2% YoY in August vs. a 7.5% increase in August, which was above our forecast (2.8%) and below the market consensus ... More

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