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Russian domestic ruble retail and wholesale gasoline prices have stayed below the level predicted by the law of one price (LOP) over the first few months of 2015. The main factors of phenomenon are the rigidity of Russia's domestic gasoline prices, infrastructural or regulatory trade...
Persistent link: https://www.econbiz.de/10013016858
Analysis of the industrial production dynamics shows that the decline in manufacturing output continues, while the extracting sector has been demonstrating a stable positive trend recently. If in the short-term perspective the economy is not shattered by any new terms of trade shocks,...
Persistent link: https://www.econbiz.de/10013010270
The sharp fluctuations of the ruble's exchange rate in the period 2014–2016 have not resulted in a reduction of the share of investment goods in the price structure of Russian imports. At the same time, domestic demand has visibly reoriented towards cheaper analogues. The recovery of imports...
Persistent link: https://www.econbiz.de/10012978686
From the day of issuing of Executive Order No.204 of May 7, 2018 of the President of the Russian Federation “On National Goals and Strategic Objectives of the Development of the Russian Federation in the Period till 2024” (hereinafter, the Executive Order No.204) and till the end of 2018,...
Persistent link: https://www.econbiz.de/10014093947