The second half of 2017 was a tough period for Russian enterprises; in particular, in the middle of the year industrial enterprises saw the demand for their products expand at slower pace. In November, however, a representative indicator set of Gaidar Institute's business survey statistics...

Global crude oil prices surged in 2017 on the back of the production-cut agreement between OPEC and a group of non-members including Russia. In January–November 2017, Russian crude oil was traded at an average of $52/bbl in the global market, adding $10 to the previous year's price. In late...

Inflation in Russia dropped to 2.5% year-on-year in November 2017, hitting lows not seen in Russia's recent history, in response to a good crop, Russian rouble appreciation and slow demand recovery. It appears to be unlikely that consumer price growth will leap over 2.5–2.7%. The economic...

Recovery of consumer lending has facilitated growth in expenditures on ultimate consumption and brought about stability of households' savings amid the ongoing decline of real incomes. However, in the long-term prospect this situation will put at risk both the fi nancial stability of households...

The characteristic feature of mid-2017 is a slowdown in the production growth pattern that emerged earlier this year, and its downward slide towards stagnation. The majority of manufacturing industries continue to display a zero or negative dynamic, the only exception being those that are linked...

In June 2017, households' real disposable cash income did not change as compared to June 2016. For the first time since January 2016 (if January 2017 is not taken into account), there was no decrease in real income. In Q1 2017, the poverty rate fell relative to Q1 2015 and Q1 2016. In H1 2017,...

The results of H1 2017 on the one hand support the previous assumptions that the Russian economy is entering a growth phase, and on the other hand provide evidence of elevated uncertainty regarding the terms and prospects of economic development in the future. We expect that key macroeconomic...

Russia's current account balance went negative in Q2 2017 due to a growth in imports of goods driven by a strengthening Russian rouble, seasonal growth in imports of services and investment income payments amid stagnating exports of goods after the rising oil price trend grinded to a halt....

As compared to the previous year, Q1 2017 saw a decrease in the migration growth in Russia's population and a downturn of Ukraine's role as a major migration donor. The number of internal migrants is still stable with lines of migration remaining unchanged. The number of temporary migrants...

The oil output cut agreement between some OPEC and non-OPEC countries, including Russia, pushed global crude oil prices to USD 50–55 a barrel in the first few months of 2017. The oil output boost in the United States and in some other countries has become an increasingly greater challenge...