Russia’s GDP trend improves by March amid 0.3% industrial growth — EDB

Russia's GDP trend showed improvement by March, supported by a reported 0.3% growth in industrial output, according to the Eurasian Development Bank (EDB). This positive economic signal may influence investor sentiment and risk appetite, potentially leading to increased capital flows into Russian assets. The Russian ruble and equities, particularly in the industrial sector, could be most exposed to this development as traders reassess growth prospects. Market participants will likely focus on upcoming economic data releases, including industrial production figures for April, to gauge the sustainability of this growth trend.

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