Research Briefing | Aug 11, 2021

Russia | Recovery Tracker afflicted by Delta variant

Russia | Recovery Tracker afflicted by Delta variant

The rapid spread of the Delta variant has resulted in a third wave of Covid-19
infections, almost as severe as the wave that struck the country last winter. But activity has proven resilient: The Recovery Tracker remains above 90,
compared to 84 last December. And the current wave appears to have peaked.

What you will learn:

  • Moscow and St. Petersburg have seen the biggest increases in daily numbers of new Covid-19 cases
  • Transport and retail mobility have been almost unaffected by this latest wave
  • Overall financial flows and energy consumption have remained above pre-pandemic levels
Back to Resource Hub

Related Services

Seoul, South Korea

Post

BoK’s monetary policy to tighten even as hiking cycle ends

Even without rate hikes, central banks' monetary policies can effectively tighten if the nominal neutral rate falls below the policy rate. We expect this will be the case for the Bank of Korea this year, as the gap between the policy rate and the nominal neutral rate widens.

Find Out More

Post

China: Emerging green shoots in Spring, but not out of the woods

We now incorporate a faster recovery from the post-Covid exit wave and raise our 2023 full-year GDP growth forecast to 4.5% (from 4.2% previously).

Find Out More