Population in Russia
Russia - PopulationGDP growth accelerated in the second quarter strengthened by pick-ups in the mining and manufacturing sectors. On top of this, the economy received a boost from hosting the World Cup, which began in June, and tourist-related industries. Incoming data for Q3 suggests that the recovery remained on an even footing. Retail sales growth gained steam and the unemployment rate fell in August; however, poor weather and a weak harvest likely dented the agricultural sector in August and September. In addition, tougher financial conditions are also preventing the economy from gaining more traction. Threats of additional sanctions from the West have weighed on Russian financial assets and two new bills are currently sitting in the U.S. Congress. However, it is uncertain when or if the bills will be passed as the looming U.S. midterm elections are delaying the timeline. Meanwhile, higher oil prices are continuing to act as a buffer against geopolitical tensions, and Russia and OPEC countries made no change to their production quotas in September.
Russia - Population Data
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||8.56||0.13 %||Oct 16|
|Exchange Rate||65.75||-0.12 %||Oct 16|
|Stock Market||2,417||-1.03 %||Oct 16|
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October 1, 2018
Business conditions in Russia’s manufacturing sector improved in September.
September 26, 2018
Industrial output growth lost steam in August, according to the Federal State Statistics Service (Rosstat).
September 14, 2018
At its 14 September meeting, the Board of Directors of the Central Bank of the Russian Federation (CBR) increased the key interest rate to 7.50% from 7.25%, surprising market analysts who had expected the rate to remain unchanged.
September 13, 2018
Merchandise exports totaled USD 34.4 billion in July, which represented a strong 39.5% expansion from the USD 24.7 billion sum recorded in the same month last year.
September 12, 2018
A second estimate of national accounts data released by Rosstat on 11 September shows that the economic recovery gained further steam in the first quarter, following a sharp slowdown at the end of last year.