Potato index belies economists’ gloom

Headline: Potato index belies economists’ gloomSource: EuromoneyDate: September 2001Author: Ben Aris The Russian population is increasingly confident about the future. The country is enjoying trade and budget surpluses. Economists, though, fret about the implications of high inflation, while growth depends heavily on continued high oil prices and a sound debt repayment strategy.       […]

Headline: Potato index belies economists’ gloom
Source: Euromoney
Date: September 2001
Author: Ben Aris

The Russian population is increasingly confident about the future. The country is enjoying trade and budget surpluses. Economists, though, fret about the implications of high inflation, while growth depends heavily on continued high oil prices and a sound debt repayment strategy.

       
An improving economy means fewer Russians
have to depend on their own potato crop
There’s good news for the Russian economy: potato planting is down and birth rates are up for the first time in 10 years.






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