In 2020, the world economy was faced with a large-scale crisis caused by the coronavirus pandemic, a worsening situation in the global oil market, increasing global uncertainty, and capital outflows from emerging markets. The crisis phenomena were experienced, to a varying degree, by every...

In Q2 2021, the current account balance amounted to $19.9 bn, vs $1.6 bn in Q2 of last year. Russia’s trade balance demonstrated a significant increase relative to Q2 2020. Net capital outflow from the private sector declined on the same period of last year, while the global economy was...

The consumer price index stood at 0.7% in May 2013 (0.5% in May 2012), showing an increase of 0.2 p.p. vs. April 2013. In June, prices were growing too: the consumer price index reached 0.3% within 20 days of the month, thereby boosting inflation by 7.4% on a year-on-year basis. A downtrend in...

In April 2013 the consumer price index made 0.5% (versus 0.3% in April 2012), which is by 0.2 p.p. higher than in March of this year. In May inflation was also growing: in the 20 days of the month the CPI reached 0.4%. As a result, the inflation rate in annual terms has exceeded 7.2%. In Q1...

In March – the first decade of May 2020, amidst the acute phase of the epidemiological crisis the banking sector's need in liquid funds increased considerably. It was justified by growth in the money supply volume, credit institutions' correspondent account balances, as well as commercial...

The first quarter of 2020 saw the positive Russia's balance of trade to plunge on the back of contraction of exports value amid plummeting crude oil prices with stabilized imports volumes. Due to the decline in foreign liabilities and growth of assets in foreign banks and enterprises, net...

In September, the Central Bank of Russia’s Board of Directors took a decision to tighten monetary policy. The key interest rate was raised by 0.25 p.p. to 6.75% per annum, the maximum value since December 2019. Such an increase was substantiated by intensified inflationary pressures on the...

In Q3 2021, the current account surplus of the RF balance of payments picked up considerably as compared to the same period of the previous year. It happened primarily owing to the appreciation of prices for primary products and increased export volumes thereof. At the same time, there was...

Russian Abstract: Во втором квартале 2021 г, сальдо счета текущих операций составило 19,9 млрд долл. по сравнению с 1,6 млрд долл. годом ранее. Наблюдалось существенное...