Olga Belenkaya

Olga Belenkaya

Head of the Department of Macroeconomic Analysis of FG Finam. The leading Russian investment and financial group serving more than 450,000 clients. The company was founded in 1994 in Moscow, and now its regional network has more than 80 offices. FG Finam consists of an investment company, a management company, a bank, an information and analytical agency, as well as a licensed forex dealer and the largest exchange education training center in the Russian Federation.

According to the Ministry of Economic Development, with the exception of the seasonal factor in July, GDP accelerated growth to (+0.5% SA) compared to +0.1% SA in June
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The Russian State Statistical Agency (Rosstat) published data on industrial production for July and at the same time, in accordance with the regulations, conducted an annual revision of data for 2022 and 1H23.
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The published BLS report confirmed that inflation in the US in July increased again in annual terms for the first time in 12 months (3.2% YoY versus 3.0% YoY in June), which is due to the base effect. The result was slightly better than the consensus forecast (3.3% YoY).
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