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Economics/Financial Analysis News in Russia

Lukoil & Samara Region Sign Supplemental Agreement on Cooperation
9/18/2019 - Head of Government of the Samara Region Victor Kudryashov and President of LUKOIL Vagit Alekperov signed today in Samara a supplemental agreement to the effective Agreement on Cooperation for 2018 – 2...
Rosneft Board of Directors approves 2018-2019 plan of financial and economic activities
12/18/2017 - Rosneft Board of Directors approved the plan of Company's financial and economic activities for 2018-2019 on an in-person meeting in Sochi. ...
Russia Economy - July 2017
Russia Economy - July 2017 8/6/2017 - Improvements in household consumption and gross fixed capital formation (GFCF) were larger than the negative impact of lower net exports in 1Q17, leading to GDP growth of 0.5% y-o-y. Household consump...
Russia Economy - April 2017
Russia Economy - April 2017 4/27/2017 - Data from the Federal State Statistics Service showed that Russia’s GDP has returned to growth territory in 4Q16 after seven consecutive quarters of contraction. GDP grew 0.3% y-o-y in 4Q16. The main ...
Russia Economy - March 2017
Russia Economy - March 2017 3/22/2017 - In January, inflation reached its slowest rate of increase since June 2012 at 5.0% y-o-y. In February, inflation eased further to 4.6% y-o-y. The central bank remained determined to continue and susta...
Russia Economy - January 2017
Russia Economy - January 2017 2/8/2017 - GDP in Russia contracted by 0.4% y-o-y in 3Q16, the slowest pace since the onset of economic deceleration in 1Q15. Household consumption showed a slower decline of 3.1% y-o-y in 3Q16 compared to 5.2% ...
Gazprom’s Positions Remaining Stable Amid Changing External Environment
12/19/2016 - The Gazprom Board of Directors took note of the information about the impacts caused by the events of 2016 on the long-term outlook for the global energy market. ...
Emerging and Developing Economies – October 2016
Emerging and Developing Economies – October 2016 11/9/2016 - In Brazil, despite some improvement in consumer and business sentiment on the perception of less economic policy uncertainty going forward and following the impeachment of the previous president, it r...
Lukoil Signs Cooperation Agreement with Yaroslavl Region
9/30/2016 - Vagit Alekperov, President of LUKOIL, and Dmitry Mironov, Governor of the Yaroslavl Region, signed a five-year agreement on social and economic cooperation, in Sochi today. ...
Russia Economy - August 2016
Russia Economy - August 2016 8/23/2016 - The Economy Ministry announced that the first GDP estimate shows a contraction of only 0.6% y-o-y in 2Q16, after a 1.2% decline in 1Q16. This represents the smallest contraction in the economy since i...
Gazprom Neft Signs Cooperation Agreement with the Ministry of Foreign Affairs
5/10/2016 - Gazprom Neft has signed a cooperation agreement with the Ministry of Foreign Affairs of the Russian Federation. Sergey Lavrov, Minister of Foreign Affairs, and the Chairman of the Management Board, Ga...
Russia Economy in January 2016
Russia Economy in January 2016 1/30/2016 - The economy shrank 4.15% y-o-y in the 3Q15. This was in line with preliminary estimates, following a 4.65% drop in the previous quarter, final figures showed. Household consumption declined by the lar...
Russia Economy in December 2015
Russia Economy in December 2015 12/26/2015 - The GDP flash estimate for 3Q15 pointed to a contraction of 4.1% y-o-y, following the decline of 4.6% and 1.9% in the previous two quarters, respectively. No disaggregate numbers are available yet. ...
Russia Economy in July 2015
Russia Economy in July 2015 7/22/2015 - GDP contracted 2.2% y-o-y in 1Q15, which was worse than the 1.9% decrease previously reported. This is the first decline since the last quarter of 2009, final data from the statistical office showed. ...
Russia Economy in June 2015
Russia Economy in June 2015 7/5/2015 - The GDP contracted 1.9% y-o-y in 1Q15, better than most expectations. Though details about GDP components have not been released yet, data showed imports fell by approximately 39% y-o-y in the same pe...
Russia Economy in May 2015
Russia Economy in May 2015 5/15/2015 - The ruble appreciated by 11.6% against the dollar in April, marking the second month of higher value following eight months of depreciation. As a result, the central bank cut its benchmark interest ra...
Russia Economy in April 2015
Russia Economy in April 2015 4/17/2015 - GDP growth posted 0.4% y-o-y in the 4Q14, the slowest since the 4Q09. Household consumption increased nearly 1%, while government consumption declined 0.2% over the same period. GFCF declined 1.2% com...
Russia Economy in March 2015
Russia Economy in March 2015 3/24/2015 - In February, the ruble lost 4.8% m-o-m of its value against the dollar, signalling the slowest pace of depreciation in four months. This followed depreciation rates of 12.5%, 20.8% and 11.4% m-o-m dur...
Russia Economy in February 2015
Russia Economy in February 2015 2/26/2015 - The government announced a plan to spend about one trillion rubles to recapitalize banks through the issue of government bonds. The plan also includes supporting the state development bank and extendi...
Russia Economy in January 2015
Russia Economy in January 2015 2/1/2015 - The central bank hiked its benchmark interest rate in December to 17%, up from 9.5% in November, in an effort to limit currency depreciation and tame inflation. Nevertheless, the ruble depreciated sha...

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