Russia legitimises parallel imports of many goods as imports collapse
Russia Russia legitimises parallel imports of many goods as imports collapse Parallel importing refers to imports without the permission of the intellectual property owner that circumvent authorised...
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Russia releases 2011–13 GDP figures produced with new methodology
Russia Russia releases 2011–13 GDP figures produced with new methodology Russia releases 2011–13 GDP figures produced with new methodology GDP and its components for the years 2011–16 have now all ...
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Russia rolls out various measures in response to Western sanctions
Russia Russia rolls out various measures in response to Western sanctions Russia has responded to Western sanctions by restricting exports of goods in order to both mitigate harm to Russia and ampli...
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Russia’s invasion also causing economic damage to Ukraine
Russia,Ukraine Russia’s invasion also causing economic damage to Ukraine The waste and destruction of Russia’s unprovoked attack on Ukraine includes harm to an economy that was just emerging from th...
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US drafts changes to economic sanctions imposed on Russia
US drafts changes to economic sanctions imposed on Russia US drafts changes to economic sanctions imposed on Russia Last week the United States Senate voted near-unanimously to approve a bill making...
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Car sales revive in Russia, while other sales remain weaker
Car sales revive in Russia, while other sales remain weaker Car sales revive in Russia, while other sales remain weaker Following three years of decline, sales of new cars have begun to rise in rece...
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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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