Russia » Outlook

International Property Brokers forecast that the real GDP growth will slow somewhat in 2007-08, although high oil prices will continue to underpin buoyant expansion of domestic demand, limiting the extent of the output slowdown. Strong unsterilised foreign-exchange inflows mean that inflation will ease only moderately. The current-account surplus will narrow gradually, but is projected still to amount to about US$75bn (5.7% of GDP) in 2008.