Sunday, January 8, 2023

More on the Russian economy.

 What an exciting title for this piece!

The chart below shows my Russian coinciding index, designed to track the economic cycle, and real GDP, expressed as a percentage of their moving trend.   As you can see, it's an excellent fit.  And, no, GDP isn't one of the components of my coinciding index, because it's quarterly.  There is an official monthly GDP, but I haven't used it as I don't have data going back far enough.



 

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