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...

Some positive results have been achieved since a tax reform was kicked off in the Russian oil sector late in 2014. The 2014 – 2017 period saw an increase in the average depth of oil refining in Russia. Despite ongoing disputes, now is a good time to complete the so-called “tax manoeuvre”...

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 early 2017, the movement of indices in the majority of industries continued to display the trend observed in late 2016 – that of a low positive growth rate. At mid-year, there was a slowdown in the production growth pattern and its downward slide towards stagnation. Over H2, the trend...