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Russia was already experiencing a slowdown, with growth falling to 1.3% in 2013 and investment declining.
Recent data raised fears of a slowdown, with a disappointing service sector survey this week adding more evidence.
But in a conference call last week, Mr. van den Dool noted "a little hiccup, or a slowdown," with sea temperatures faltering, throwing the matter into doubt.
Anecdotal evidence suggests a slowdown, with buyers taking more time to make decisions, and more expensive homes taking more time to sell, real estate agents report.
Looking ahead, the cigarette-related boost amounts to a borrowing from future growth and in the rest of the economy there are signs of a slowdown, with GDP forecast to grow by 7% this year.Double takeThe fourth-quarter result, announced in a flash estimate by the Slovak Statistical Office on February 14th, was surprising in several respects.
Britain's biggest property website has rebuffed claims that the housing market is heading for a slowdown, with a forecast that prices will soar by 30% over the next five years to average £318,000 in England and Wales and more than £715,000 in London.
Similar(49)
Tumors produce both stimulators and inhibitors of angiogenesis in their microenvironment and exhibit a growth slowdown with a possible asymptotic approach to a final tumor size, or "set point", what indicates that the tumor maintains a vestige of normal tissue mass control.
In almost every other remotely comparable episode, very fast growth ended in a sharp slowdown, with a median drop in the growth rate of 4.7 percentage points.
What is worrying is that RBS wasn't supposed to struggle with this year's test – a hypothetical exercise based on a global slowdown with China's growth hitting a low of 1.7 per cent and oil dipping under $40 a barrel – like it did in last year's, which looked at the impact of domestic events such as a housing market shock.
It was a slowdown compared with 0.5% growth in September.
But last month's import growth of 11.8 percent represented a slowdown compared with the prior three months.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com