Russia has the most barriers to trade for European exporters
Russia,economy Russia has the most barriers to trade for European exporters The European Commission published its latest report on barriers to trade in June. The report, which is based on informatio...
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Russia posted good economic growth in 4Q21; manufacturing particularly strong
Russia Russia posted good economic growth in 4Q21; manufacturing particularly strong Russia’s economy ministry released estimates for the recovery of GDP from the 2020 recession. In the fourth quart...
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Central Bank of Russia tightens its monetary policy
Russia Central Bank of Russia tightens its monetary policy To tame high inflation, the Central Bank of Russia (CBR) on February 11 raised its key rate by 100 basis points to 9.5 %. The rate hik...
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OPEC and Russia agree to keep production pact in place
Russia OPEC and Russia agree to keep production pact in place At the end of 2016, Russia agreed with OPEC and a number of other oil-producing countries on a regime of voluntary production ceilings t...
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Ruble sinks even as Russia’s current account surplus grows
Ruble sinks even as Russia’s current account surplus grows Current account surplus increased in the third quarter Preliminary figures released by the Central Bank of Russia show the country’s third-q...
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Russia plans for increased government spending, tighter monetary policy
Russia plans for increased government spending, tighter monetary policy Latest 3-year federal budget framework anticipates leap in military spending The Russian government last week approved a draft ...
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Pensions raised in Russia to keep up with inflation
Russia Pensions raised in Russia to keep up with inflation Pensions were raised at the beginning of this month by 10 %. The same increases were made to the minimum wage and official subsistence...
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Russia and Belarus agree on deeper economic integration
Russia Russia and Belarus agree on deeper economic integration On September 9, the prime ministers of Russia and Belarus signed an agreement, blessed by presidents Vladimir Putin and Alexander Lukas...
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Central Bank of Russia continued to tighten monetary policy
Central Bank of Russia continued to tighten monetary policy Last Friday (Dec. 17), the Central Bank of Russia (CBR) hiked its key rate by a full percentage point to deal with accelerating inflation. ...
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Russia’s foreign goods trade recovered; corporate capital outflow rose
Russia Russia’s foreign goods trade recovered; corporate capital outflow rose As expected, preliminary balance-of-payments figures from the Central Bank of Russia show that export revenues and impor...
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Russia’s speedy economic recovery pushes up prices and wages
Russia Russia’s speedy economic recovery pushes up prices and wages The rapid economic recovery continued in May. Even if the pace of growth slowed or remained unchanged from previous months in many...
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Developments in industry, trade and fixed investment vary across Russia
Russia Developments in industry, trade and fixed investment vary across Russia The magnitude of the economic contractions experienced in spring 2020 varied considerably across Russia’s federal distr...
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Russia doubles oil pipeline transmission capacity to China
Russia Russia doubles oil pipeline transmission capacity to China Russia doubles oil pipeline transmission capacity to China This week saw the commissioning of the expanded China extension of the E...
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Russia’s economic growth has continued, though slowing a bit
Russia Russia’s economic growth has continued, though slowing a bit While the on-year September increases in most sectors of the Russian economy were notably high, the economic development ministry ...
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United States revises its economic sanctions regime for Russia
Russia United States revises its economic sanctions regime for Russia United States revises its economic sanctions regime for Russia The US treasury department published an amended version of one o...
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Latest BOFIT Russia forecast sees gradual economic recovery continuing
Latest BOFIT Russia forecast sees gradual economic recovery continuing The economy recovered last year, with GDP rising 1.5 %. Relative to the swings in global oil prices, the recession was mild and ...
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Primary production up in Russia; manufacturing hardly at all
Russia Primary production up in Russia; manufacturing hardly at all At the end of last year, a nearly six-month slide in seasonally-adjusted industrial output stopped. For 2017 overall, industrial o...
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Growth in Indian imports from Russia begins to plateau
Russia Growth in Indian imports from Russia begins to plateau Indian goods imports from Russia have skyrocketed this year. The value of imports in September was nearly five times higher than in Sept...
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Corporate profits in Russia decline to more conventional levels
Russia Corporate profits in Russia decline to more conventional levels Based on its recurring business survey, Rosstat reports that net profits of companies in its pool of 48,000 firms were down by ...
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Central Bank of Russia takes over Otkritie Bank
Russia Central Bank of Russia takes over Otkritie Bank Central Bank of Russia takes over Otkritie Bank The CBR announced on Tuesday (Aug. 29) that it had taken over administration of Otkritie Bank,...
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