The Russian economic outlook: Chris Weafer, Uralsib

The most recent economic data in Russia gives hope that the economy may be past its worst, with industrial output declining more slowly in July.

Investment and retail sales saw a similar pattern, after last week's GDP figures showed a jump of more than 7 % between the first and second quarters.

Business RT spoke with Chris Weafer, Chief Strategist with Uralsib, about the outlook for the Russian economy.