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Growth of economic activity in the EAEU countries will continue until the end of November

Published

11/14/2024, 09:29

Growth of economic activity in the EAEU countries will continue until the end of November

According to the analysis of coincident and leading indicators of economic activity, until November 2024 in the countries of the Eurasian Economic Union will be observed positive dynamics. This is reported by the Eurasian Economic Commission.

Economic growth is expected to accelerate in Armenia and Kazakhstan, as these countries are in the phase of recovery. At the same time, in Belarus, Kyrgyzstan and Russia, economic growth will slow down as the peak of activity was reached in the first half of 2024.

The Eurasian Economic Commission uses leading indicators as a forecasting tool to understand the direction of business activity in the Eurasian P5 countries in the short term.

These indicators accumulate crucial information on short-term economic processes, showing the behavior of economic agents and major economic trends.

 

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