Economics/Financial Analysis News in Russia
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5/29/2013 - The 2012 federal budget recorded a small deficit of Rb37bn (US$1.2bn), equal to 0.1% of the GDP. Excluding oil and gas revenue, the deficit expanded to 10.6% of the GDP, up from 9.5% of the GDP in 201... |
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4/26/2013 - The federal budget in 2012 recorded a small deficit of Rb 12.8 bn ($420 million), equal to 0.02% of GDP. Excluding oil and gas revenues, the deficit rose to 10.6% of GDP from 9.5% of GDP in 2011. Alth... |
| 3/14/2013 - JSOC Bashneft and the Administration of the Orenburg Region have signed an Agreement for economic and social development till 2016 aimed at creating favorable conditions for economic and social develo... |
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3/12/2013 - According to the Ministry of Economic Development, real GDP growth slowed down in January-November 2012 to 3.5%. For the year as a whole it is estimated that Russian economy might have expanded by 3.7... |
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2/1/2013 - Russian markets re-opened on Tuesday after the countrys nine-day New Years hibernation holiday. Boosted by an improvement in global sentiment, the Micex index rose 2.7% in its biggest one-day gain s... |
| 12/27/2012 - Alexey Miller, Chairman of the Gazprom Management Committee and Anatoly Chubais, Director General of RUSNANO held another joint meeting at the Gazprom headquarters on nanotech products development and... |
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12/21/2012 - The Federal Statistical Services has announced a 2.9% GDP growth in Q3 on a y-o-y basis. This is the slowest rate of growth since 2009. In September, agricultural output contracted 7.7% as severe drou... |
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12/9/2012 - It is now unlikely that we will see a rebound in the rate of growth of GDP in the Russian economy in 3Q12 and 4Q12, following the economys relatively poor performance in 2Q12 that saw it expanding by... |
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11/14/2012 - Russia has managed to sustain its economic growth, albeit at a slightly lower rate than expected. GDP grew by slightly more than 4% on a y-o-y basis. Domestic demand remains resilient and the country ... |
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10/7/2012 - Crop losses in the US, Russia and other parts of the world have led to a sizable increase in grain prices. Global wheat prices have risen by around 45% from mid-June lows. Russian wheat prices in Blac... |
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9/3/2012 - The Russian economy expanded by 4.9% in first quarter y-o-y above its long-term trend. This has been supported by a 15% surge in gross fixed investment and a 7.2% rise in household consumption. Consum... |
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8/11/2012 - The Russian economy expanded by 4.9% in the 1Q y-o-y, above its long-term trend. Although the manufacturing PMI had a surprise downside move in June to 51.0 from 53.2 a month earlier, the fact that th... |
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6/26/2012 - TATNEFT participated in the XVI annual International Economic Forum (St. Petersburg). The delegation from the Republic of Tatarstan headed by Rustam Minnikhanov, President of Tatarstan, included the r... |
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3/31/2012 - Total FSU oil supply is forecast to grow by 0.12 mb/d in 2012 to average 13.37 mb/d in 2012, indicating a downward revision of 35 tb/d from the previous month. The downward revision has had an impact ... |
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3/22/2012 - Russia managed to maintain a small fiscal surplus of about 0.8% of GDP at the end of 2011 despite the traditional surge in government spending in the last quarter of the year, thanks mainly to higher ... |
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2/23/2012 - According to estimates from the Russian Ministry of Economic Development, seasonally adjusted real GDP rose by 0.3% month-on-month in November, corresponding to an annualized growth rate of 5.4%, whic... |
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2/17/2012 - Total FSU oil production is forecast to average 13.41 mb/d in 2012, an increase of 0.14 mb/d over 2011, indicating a minor downward revision of 10 tb/d, compared with the previous MOMR. There have bee... |
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1/23/2012 - Russia reduced its benchmark rate on December, as an end to the campaign of inflation-fighting, as policy-makers seem to believe that an external economic slump might be more challenging to the countr... |
| 1/22/2012 - Total FSU oil supply is projected to increase by 0.13 mb/d in 2012 to average 13.42 mb/d, indicating a minor downward revision of 10 tb/d compared to the previous month. The expected FSU supply increa... |
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1/12/2012 - Figures on GDP by expenditure for the first half of the year released by the Federal State Statistics Service (RosStat) indicate that growth has been driven mainly by domestic demand. Domestic consump... |
