MOSCOW, December 1 (RIA Novosti) Russia...
to the survey, 59% of Russian respondents expected production growth, 59.3% higher revenues, 53.9% more orders, while 41.6% believe that profits will rise.On the other hand, along with a booming economic revival, Russian businesses will be facing a surge in commodities and energy prices, structural inflation and expensive loans, which will restrict growth, Thompson added.
Emerging economies were the first to show fast growth, by an estimated 1.5% in 2009, International Monetary Fund analysts observe. Russia will overcome the 8.5% contraction in 2009 and reach a growth rate of 1.6% in 2010, the country"s Economics Ministry said in its latest forecast.
This booming optimism looks unjustified at a time when the economy still lacks strength, said Nikolai Kashcheyev from Sberbank. Market demand remains weak, while government investment remains the key driver of economic activity and the loan market is not reviving. "It is just that people tend to exaggerate
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