Rosstat announced late in Q2 2018 that it would need to revise its statistics on industrial production dynamics. As a result, growth rates, which were close to zero in the first quarter, turned positive for both the manufacturing and extraction sectors at the half year's end. A lack of...

For the first five months of 2018, household savings moved up merely by 1.3% which is the bottom low for the last several years. Meanwhile, retail lending has been demonstrating an upward trend. The public borrows significantly more than deposits

During the first five months of 2018 Russian fuel exports grew by 28%. Exports of other goods moved up by 26%, surpassing the pre-crisis level of 2013. Imports went up by 16%, for the first time in five years its dynamics did not correspond to the dynamics of the exchange rate: imported goods...

As migration growth in Russia's population keeps falling, Russia may face a renewed reduction of its population as early as this year amid the natural decline in the population. This situation is driven by a decreased migration growth from Ukraine amid a weak recovery of the migration inflow...

The Bank of Russia decided in June to keep the key interest rate unchanged because of worsening geopolitical uncertainty, capital outflows from developing countries as a consequence of tighter US Fed's monetary policy, plans to raise the VAT rate, as well as prices adjustment to a weaker rouble....

The government proposes to increase VAT from 18% to 20% from January 2019. Main objective is to fund the budget as stated in the Presidential May 2018 Decree. According to our calculations, the rate increase will lead to a decrease in GDP, consumption, investments, exports and imports compared...

The development of e-commerce which is growing in Russia at a high rate modifies the model of consumption and leads to a reduction of the buyer's transaction costs owing to a less amount of time spent on purchasing of goods and price cuts

The toughening, by the central banks of developed countries, of their monetary policies has triggered a capital outflow from the developing countries. To control the inflation caused by a significantly weakened national currency, the central bank of Argentina had to sharply toughen its monetary...

The agreement on trade and economic cooperation between EAEU and China signed in May has a non-preferential nature. Due to the fact that a number of EAEU members are not prepared yet to liberalize their markets for Chinese goods and investments, the development of a fully-fledged free trade zone...

An increase in the incoming foreign direct investments (FDI) in the Russian Federation in 2016 and the first three quarters of 2017 gave way to a decrease in the capital inflow in Q4 2017. This reflects change for the worse in foreign investors' sentiments due to negative expectations of new...