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In Q 3-4 2016, Russia's economy entered the phase of cyclical growth from the lowest point of the business cycle, its typical feature being the unstable movement patterns of the main socioeconomic development indicators. Inflation hit its historic low. The ruble's strengthening boosted the...
Persistent link: https://www.econbiz.de/10012959655
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...
Persistent link: https://www.econbiz.de/10012949165
Preliminary results for 2015 have shown no substantial structural changes in both imports and non-energy exports. The import structure is most stable: the percentage share of chemical industry products, which are used basically as by-product in the domestic manufacturing industry, has seen some...
Persistent link: https://www.econbiz.de/10013000649
In 2018, exports of fuel and energy commodities increased by nearly 36%t as compared to the previous year, while growth in non-oil and gas exports amounted to over 11%. However, it was mainly facilitated by improvement of the pricing situation on the market. Within a year, imports rose by 5%...
Persistent link: https://www.econbiz.de/10012871316
Russian exports of services in 2017 grew by 14%. To achieve the export target set by the President's decree of May 7, 2018 to the tune of $100 billion over the next six years, annual growth of 9% will be required. Import of services in 2017 grew by 19% mainly due to 30% increase in traveling...
Persistent link: https://www.econbiz.de/10012917284
The statistics on foreign direct investments (FDI) in Q1 and Q2 2017 published by the Central Bank of Russia shows that growth in incoming FDI in Russia started in 2016 is keeping up. This trend is related to Russia's renewed GDP growth, higher global prices of energy commodities and reduced...
Persistent link: https://www.econbiz.de/10012931417
In January-July 2021, the Russian foreign trade turnover surpassed considerably the pre-pandemic level (growth of 12.2% on January-July 2019). The value of exports of energy and primary commodities failed to return to the pre-crisis level (a decrease of 9.8% on January-July 2019). In...
Persistent link: https://www.econbiz.de/10013211206
In the first seven months of 2021, the Russian foreign trade turnover significantly exceeded the pre-covid level, increasing by 12.2% compared to January-July 2019. Exports of energy and raw materials in value terms did not return to the pre-crisis level (a decrease of 9.8% compared to...
Persistent link: https://www.econbiz.de/10013314538
Persistent link: https://www.econbiz.de/10012024933