News
27.11.2024
Positive trend of business activity in EAEU countries to remain until year end
According to the updated calculation of congruent and leading indicators, economic activity dynamics will remain positive in all countries of the Eurasian Economic Union until the end of the year. The trends previously established in most countries of the Union will continue: in Armenia and Kazakhstan, business activity growth is expected to accelerate, while in Belarus and Russia, such growth will slow down. After a brief slowdown, Kyrgyzstan has entered a recovery phase so further growth acceleration is forecast.
The leading indicators are a forecasting tool used by the Eurasian Economic Commission to comprehend the direction of short-term business activity dynamics in the Eurasian Five countries. They accumulate the most important information about short-term processes unveiling the behavior of economic agents, as well as the main trends in the economy.
