Public debt was reduced on the back of accelerating growth rates in consolidated budget revenues of subjects of the Russian Federation in Q3 2018. The revenue growth may push regional and local budget revenue figures to a 10-year high at 2018 year end

In January-September 2018, dynamics of federal budget revenues sped up. Based on the results of the past three quarters, their growth was equal to 2.4 p.p. of GDP (up to 18.9% of GDP). Administration of the budget as regards expenditures lags behind the rates of the previous year. Such trends...

The third quarter of 2018 saw Russia register the highest positive BoP on record on the back of growth in country's exports amid higher oil prices and decline in imports induced by rouble depreciation. BoP data show that non-residents continued to reduce their investment in the Russian economy....

Decomposition of Russian GDP growth rates has been performed to assess conditions that would enable Russia to achieve economic growth rates surpassing the worldwide average. In 2017, the contribution of fundamental factors of production (labour, capital, total factor productivity) to Russian GDP...

In 2017, the labor market was recovering after the crisis: the rate of unemployment declined and wages increased. Recovery processes were largely facilitated by workforce reduction which began last year. The first evidence of labor shortages emerged on the labor market which saw full employment...

The reports which were made public late in 2017 and early in 2018 on a decrease in potato output in the Russian Federation and substantial growth in potato imports do not reflect the actual state of things. Potato output is still at the average multi-year level. Despite some price rises, potato...

Russian financial markets continued to see their turnover expand in 2017, led by the firmest growth in over-the-counter (OTC) segments. However, the bias towards speculative trading primarily in FX assets was, as before, characteristic of the turnover structure. Financial market's money and FX...

The U.S. stock market entered a major correction on 2 February 2018, impacting most of the markets worldwide. Stock indices plunged as volatility increased. The correction was spurred mainly by the U.S. stock market overvaluation as well as concerns about inflation spike in the United States....

In 2017, Russia saw natural decline in the population: within 11 months the number of deaths surpassed the number of births by 122,000 persons. The mortality rate is slowly going down. Blood circulatory system diseases are still the major cause of death in Russia. The analysis of the regional...