Russia Exports of Newsprint Paper CMLV  1994-2018 | Data | Chart

Exports of Newsprint Paper CMLV in Russia decreased to 42.20 USD Million in January from 427.92 USD Million in December of 2016. Exports of Newsprint Paper CMLV in Russia averaged 286.51 USD Million from 1994 until 2017, reaching an all time high of 801.40 USD Million in December of 2008 and a record low of 8.60 USD Million in January of 1994.

Russia Exports of Newsprint Paper CMLV
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Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 13700.00 11515.00 20356.00 -203.00 USD Million [+]
Exports 37860.00 33235.00 50248.00 4100.00 USD Million [+]
Imports 24160.00 21720.00 32481.00 2525.00 USD Million [+]
Current Account 17800.00 -2509.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 1.80 5.10 18.00 -1.40 percent [+]
External Debt 529.10 537.50 732.80 151.30 USD Billion [+]
Capital Flows -3792.60 5135.18 32844.54 -47722.55 USD Million [+]
Gold Reserves 1828.56 1778.86 1828.56 343.41 Tonnes [+]
Crude Oil Production 10527.00 10503.00 10832.00 5707.00 BBL/D/1K [+]
Terrorism Index 5.33 5.43 7.21 5.33 [+]
Weapons Sales 6432.00 5554.00 8658.00 1478.00 USD Million [+]
Remittances 359.00 352.00 436.00 44.00 USD Million [+]
Foreign Direct Investment 7333.00 13161.00 40140.00 -3922.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Russia Exports of Newsprint Paper CMLV

Russia accounts for Exports of Newsprint Paper using cumulative values for each year (CMLV). This page includes a chart with historical data for Russia Exports of Newsprint Paper CMLV. Russia Exports of Newsprint Paper CMLV - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
42.20 427.92 801.40 8.60 1994 - 2017 USD Million Monthly
Current prices NSA




RELATED NEWS

Monday February 19 2018
Russian Jobless Rate Falls to 5.2% in January  
Russian unemployment rate fell to 5.2 percent in January 2018 from 5.6 percent in the same month of the previous year, in line with market expectations.
Friday February 09 2018
Russia Trade Surplus Widens 16.5% in December  
Russia's trade surplus widened by 16.5 percent to USD 13.70 billion in December 2017 from USD 11.76 billion in the same month a year earlier, above market expectations of a USD 13 billion surplus.
Friday February 09 2018
Russia Cuts Key Policy Rate to 7.5%  
The Bank of Russia lowered its benchmark one-week repo rate by 25bps to 7.50 percent on February 9th, after a 50bps cut in the previous meeting, saying inflation remains sustainably low. The bank also said it will continue to reduce the key rate, in order to complete the transition from moderately tight to neutral monetary policy in 2018. Annual inflation fell to a new record low of 2.2 percent in January, way below the central bank's 4 percent target.
Wednesday February 07 2018
Russia Inflation Rate Falls to New Record Low  
Russia's consumer price inflation dropped to 2.2 percent year-on-year in January 2018 from 2.5 percent in the previous month and below market expectations of 2.3 percent. It was the lowest inflation rate since the series began in 1991, well below the central bank's target of 4 percent.
Thursday February 01 2018
Russian Economy Grows for First Time in 3 Years  
Russia's gross domestic product expanded by 1.5 percent year-on-year in 2017, compared with a 0.2 percent contraction in 2016, a preliminary estimate showed. It was the first year of growth since 2014.
Thursday January 25 2018
Russian Jobless Rate Below Expectations in December  
Russian unemployment rate fell to 5.1 percent in December 2017 from 5.3 percent in the same month of the previous year and below market expectations of 5.2 percent.
Wednesday January 17 2018
Russian Trade Surplus Widens 28.4% in November  
Russia's trade surplus widened by 28.4 percent to USD 11.52 billion in November 2017 from USD 8.97 billion in the same month a year earlier, above market expectations of an USD 11 billion surplus.
Wednesday January 10 2018
Russia December Inflation Rate Confirmed at Record Low  
Russia's consumer price inflation came in at 2.5 percent year-on-year in December 2017, unchanged from the preliminary estimate and the same as in the previous month. The figure stood at its lowest level since the series began in 1991, well below the central bank's target of 4 percent.
Friday December 29 2017
Russia Inflation Rate Unchanged at 26-Year Low  
Russia's consumer price inflation was unchanged at 2.5 percent year-on-year in December 2017, missing market expectations of 2.6 percent, a preliminary estimate showed. The figure stood at its lowest level since the series began in 1991, well below the central bank's target of 4 percent.
Tuesday December 19 2017
Russian Jobless Rate Falls to 5.1% in November  
Russian unemployment rate fell to 5.1 percent in November 2017 from 5.4 percent in the same month of the previous year and in line with market expectations.
Friday December 15 2017
Russia Cuts Policy Interest Rate to 7.75%  
The Bank of Russia lowered its benchmark one-week repo rate by half a percentage point to 7.75 percent on December 15th, as inflation continued to fall below its 4 percent target in recent months while the economy is growing at a steady pace. The bank also said it expected to deliver more cuts in the first half of 2018.
Tuesday December 12 2017
Russia Trade Surplus Widens 50% in October  
Russia's trade surplus widened by 50 percent to USD 9.83 billion in October 2017 from USD 6.56 billion in the same month a year earlier, but below market expectations of a USD 9.98 billion surplus.
Tuesday December 12 2017
Russia Q3 GDP Growth Confirmed at 1.8%  
Russia's gross domestic product grew by 1.8 percent year-on-year in the third quarter of 2017, unrevised from the preliminary estimate and following a 2.5 percent expansion reported in the previous period.
Tuesday December 05 2017
Russia Inflation Rate Slows to New Record Low in November  
Russia's consumer price inflation declined to 2.5 percent year-on-year in November 2017 from 2.7 percent in the previous month and below market expectations of 2.6 percent. The figure came in well below the central bank's target of 4 percent, hitting the lowest level since the series began in 1991.
Monday November 20 2017
Russia Jobless Rate Down to 5.1%  
Russian unemployment rate fell to 5.1 percent in October of 2017 from 5.4 percent in the same month of the previous year, matching market expectations. In the previous month, the unemployment was slightly lower at 5 percent.
Monday November 13 2017
Russia GDP Growth Slows to 1.8% in Q3  
Russia's gross domestic product grew 1.8 percent year-on-year in the third quarter of 2017, slowing down from a 2.5 percent expansion reported in the previous period. The weaker expansion was likely caused by slower industrial production while other sectors like retail, construction and agriculture grew faster.
Friday November 10 2017
Russia September Trade Surplus Larger than Expected  
Russia's trade surplus widened by 37.1 percent to USD 10.22 billion in September 2017 from USD 7.46 billion in the same month a year earlier and way above market expectations of a USD 9.0 billion surplus.
Tuesday November 07 2017
Russia Inflation Rate Falls Further to Lowest on Record  
Russia's consumer price inflation declined to 2.7 percent year-on-year in October 2017 from 3 percent in the previous month and below market expectations of 2.8 percent. It was the lowest inflation rate since the series began in 1991.
Friday October 27 2017
Russia Cuts Policy Interest Rate to 8.25%  
The Bank of Russia lowered its benchmark one-week repo rate by 25bps to 8.25 percent on October 27th, as widely expected, noting that inflation held close to its 4 percent target in recent months while economy continued to grow at a steady pace. The bank also said that further rate cuts are still on the table at its upcoming meetings.
Wednesday October 18 2017
Russian Jobless Rate Falls Less than Expected  
Russian unemployment rate fell to 5 percent in September 2017 from 5.2 percent in the same month of the previous year but above market expectations of 4.9 percent.
Thursday October 12 2017
Russia August Trade Surplus Larger than Expected  
Russia's trade surplus widened by 42.7 percent to USD 6.612 billion in August 2017 from USD 4.633 billion in the same month a year earlier and way above market expectations of a USD 5.60 billion surplus.
Thursday October 05 2017
Russia Inflation Rate Falls to New Record Low  
Russia's consumer price inflation eased to 3 percent year-on-year in September 2017 from 3.3 percent in the previous month and below market expectations of 3.1 percent. It was the lowest inflation rate since the series began in 1991.
Tuesday September 19 2017
Russia Jobless Rate Drops Unexpectedly to 2-Year Low  
Russian unemployment rate fell to 4.9 percent in August 2017 from 5.2 percent in the same month of the previous year and below market expectations of 5.1 percent. It was the lowest jobless rate since August 2014.
Friday September 15 2017
Russia Cuts Key Interest Rate to 8.5%  
The Bank of Russia lowered its benchmark one-week repo rate by 50bps to 8.5 percent on September 15th, as widely expected, due to a quicker-than-expected slowdown in inflation. Policymakers also said that there is still room for further rate cuts over the next two quarters.
Monday September 11 2017
Russia Q2 GDP Growth Rate Confirmed at Near 5-Year High  
Russia's gross domestic product advanced 2.5 percent year-on-year in the second quarter of 2017, unrevised from the preliminary estimate and following a 0.5 percent growth in the previous period, final figures showed. It was the strongest pace of expansion since the third quarter of 2012, as output grew firmly for wholesale and retail trade, mining, manufacturing and construction.
Monday September 11 2017
Russia July Trade Surplus Smallest in Nearly 14 Years  
Russia's trade surplus narrowed by 36.3 percent to USD 3.97 billion in July 2017 from USD 6.24 billion in the same month a year earlier and way below market expectations of a USD 7.2 billion surplus. It was the smallest trade surplus since April 2003.
Tuesday September 05 2017
Russia Inflation Rate Falls to Lowest Since 1991  
Consumer prices in Russia increased 3.3 percent year-on-year in August of 2017, below a 3.9 percent rise in July and lower than market expectations of 3.7 percent. It is the smallest inflation rate since at least 1991, mainly due to a slowdown in cost of food and transport. The inflation stayed below the central bank's 4 percent target for the second month.
Thursday August 17 2017
Russia Jobless Rate Steady at 5.1% in July  
Russian unemployment rate came in at 5.1 percent in July 2017, unchanged from the previous month's two-and-a-half-year low and down from 5.3 percent in the same period a year ago. The number of unemployed people decreased by 220 thousand from the previous year to 3.905 million.
Friday August 11 2017
Russia Q2 GDP Growth at Near 5-Year High  
Russia's gross domestic product advanced 2.5 percent year-on-year in the second quarter of 2017, following a 0.5 percent growth in the previous period, a preliminary estimate showed.
Friday August 11 2017
Russia Trade Surplus Widens in June  
Russia's trade surplus increased by 8.1 percent to USD 8.69 billion in June 2017 from USD 8.04 billion in the same month a year earlier and above market expectations of a USD 7.5 billion surplus. Exports rose 22.8 percent to USD 29.52 billion and imports went up 30.2 percent to USD 20.83 billion.
Friday August 04 2017
Russia Inflation Rate Lowest in Nearly 5 Years  
Russia's consumer prices increased by 3.9 percent year-on-year in July 2017, easing from a 4.4 percent rise in the previous month and missing market expectations of 4.3 percent. The inflation rate fell below the central bank's 4 percent target for the first time since the bank switched to inflation targeting policy in late 2014, to hit the lowest level since May 2012. Prices increased at a slower pace for food and non-food products.
Friday July 28 2017
Russia Holds Key Interest Rate at 9%  
The Central Bank of Russia held its benchmark one-week repo rate at 9 percent on July 28th, as widely expected, saying that short-term and mid-term inflation risks persist and that the decline of inflation expectations has come to a halt. The central bank also reiterated it will continue to conduct a moderately tight monetary policy to maintain inflation close to the 4 percent target and that there is still room for further rate cuts in the second half of 2017.
Wednesday July 19 2017
Russia Jobless Rate Falls To 2.5-Year Low  
The unemployment rate in Russia declined to 5.1 percent in June 2017 from 5.4 percent in the same month a year ago and below market expectations of 5.2 percent. It was the lowest jobless rate since October 2014, as the number of unemployed people decreased by 331 thousand to 3.846 million.
Wednesday July 12 2017
Russia Trade Surplus Widens 12.2% YoY In May  
Russian trade surplus increased by 12.2 percent to $8.5 billion in May 2017 from $7.6 billion in the same month a year earlier and slightly above market expectations of a $8.3 billion surplus. Exports rose 27.8 percent to $28.1 billion and imports went up 35.9 percent to $19.6 billion.
Thursday July 06 2017
Russia Inflation Rate At 4-Month High Of 4.4% In June  
Consumer prices in Russia increased by 4.4 percent year-on-year in June 2017, following 4.1 percent in the previous month and above market expectations of 4.3 percent. It was the highest inflation rate since February, as prices increased at a faster pace for food. On a monthly basis, prices went up 0.6 percent after advancing by 0.4 percent in May.
Tuesday June 20 2017
Russia Jobless Rate At 8-Month Low Of 5.2%  
The unemployment rate in Russia declined to 5.2 percent in May of 2017 from 5.6 percent in the same month a year ago and below market expectations of 5.3 percent. It was the lowest jobless rate since September last year. The number of unemployed people decreased by 358 thousand to 3.945 million while the number of economically active people fell by 500 thousand to 76 million, representing 52 percent of total population.
Friday June 16 2017
Russia GDP Growth Confirmed At 0.5% In Q1  
The Russian economy advanced 0.5 percent year-on-year in the first three months of 2017, in line with preliminary estimates and following a 0.3 percent expansion in the previous quarter. A rebound in mining, manufacturing and trade and a jump in transportation boosted growth, final figures showed. The economy returned to growth after a two-year recession that was mainly caused by low oil prices and sanctions imposed on Russian individuals and businesses in response to the annexation of Crimea.
Friday June 16 2017
Russia Cuts Key Interest Rate To 9%  
The Central Bank of Russia has lowered its benchmark one-week repo rate by 25 bps to 9 percent on June 16th, while markets expected a 50 bps rate cut, saying it will continue to conduct a moderately tight monetary policy to maintain inflation close to the 4 percent target. Also, policymakers signaled the possibility of further rate cuts in the second half of 2017, as inflation expectations continue to decline amid a recovery in economic activity.
Friday June 09 2017
Russia Trade Surplus Below Market Expectations In April  
Russian trade surplus increased by 21.1 percent to $8 billion in April 2017 from $6.6 billion in the same month a year earlier and below market expectations of a $8.5 billion surplus. Exports rose 20 percent to $26.1 billion and imports went up 19.6 percent to $18.1 billion.
Tuesday June 06 2017
Russia Inflation Rate Steady At 4.1% In May  
Consumer prices in Russia increased by 4.1 percent year-on-year in May 2017, at the same pace as in the previous month and in line with market expectations. Prices increased at a faster pace for food while slowed for housing and utilities, clothing and footwear and transport. On a monthly basis, prices went up 0.4 percent after advancing by 0.3 percent in April.
Monday May 22 2017
Russia Jobless Rate Unexpectedly Falls To 5.3% In April  
The unemployment rate in Russia declined to 5.3 percent in April of 2017 from 5.9 percent in the same month a year ago and well below market expectations of 5.5 percent. It was the lowest jobless rate since December last year. The number of unemployed people decreased by 470 thousand to 4.050 million while the number of economically active people fell by 400 thousand to 75.9 million, representing 52 percent of total population.
Thursday May 18 2017
Russian Economy Continues To Recover In Q1  
The Russian GDP advanced 0.5 percent year-on-year in the first quarter of 2017, following 0.3 percent growth in the previous period and above market expectations of 0.4 percent, according to preliminary estimates. The economy returned to growth after a two-year recession that was mainly caused by low oil prices and sanctions imposed on Russian individuals and businesses in response to the annexation of Crimea.
Thursday May 18 2017
Russia's Economy Returns To Growth  
The Russian GDP advanced 0.5 percent year-on-year in the first quarter of 2017, following 0.3 percent growth in the previous period and above market expectations of 0.4 percent, according to preliminary estimates. The economy is now recovering after two years recession, brought on by falling oil prices, western sanctions and a weak currency. The economy is expected to grow between one and two percent in 2017-2019, while further GDP growth calls for efficient structural government reforms. The main county’s challenges are continued heavy dependence on oil revenues, the weakness of public administration, lag in technological innovation, financial isolation and geopolitical tensions.
Wednesday May 17 2017
Russian Economy Returns To Growth  
The Russian GDP advanced 0.5 percent year-on-year in the first quarter of 2017, following 0.3 percent growth in the previous period and above market expectations of 0.4 percent, according to preliminary estimates. The economy is now recovering after two years recession, brought on by falling oil prices, western sanctions and a weak currency.
Friday May 12 2017
Russia Trade Surplus At Near 2-Year High In March  
Russian trade surplus increased by 61.7 percent to $12.6 billion in March 2017 from $7.8 billion in the same month a year earlier and above market expectations of a $11.9 billion surplus. It was the largest trade surplus since June of 2015, as exports jumped 35.2 percent to $31.3 billion and imports went up 21.8 percent to $18.7 billion.
Friday May 05 2017
Russia Inflation Rate At 5-Year Low Of 4.1%  
Consumer prices in Russia increased by 4.1 percent year-on-year in April 2017, easing from a 4.3 percent rise in the previous month and below market expectations of 4.2 percent. It was the lowest inflation rate since May 2012, as prices increased at a slower pace for housing and utilities, clothing and footwear and transport. On a monthly basis, prices went up 0.3 percent after advancing by 0.1 percent in March.
Friday April 28 2017
Russia Cuts Key Rate To 9.25%  
The Central Bank of Russia has lowered its benchmark one-week repo rate by 50 bps to 9.25 percent on April 28th, while markets expected 25 bps rate cut. Policymakers signaled the possibility of further cuts in the second and third quarters this year, as inflation continued to decline and is projected to reach 4 percent target before the end of 2017.
Tuesday April 18 2017
Russia Jobless Rate Falls To 5.4% In March  
The unemployment rate in Russia declined to 5.4 percent in March of 2017 from 5.6 percent in the previous month and below market expectations of 5.6 percent. A year ago, the jobless rate was 6 percent.
Tuesday April 11 2017
Russia Trade Surplus Widens 40% YoY In February  
Russia Trade Surplus Widens 40% YoY In February Russian trade surplus increased by 40.3 percent to $10.17 billion in February 2017 from $7.2 billion in the same month a year earlier, while slightly below market expectations of a $10.5 billion surplus.
Wednesday April 05 2017
Russia Inflation Rate Slows To 4.3% In March  
Consumer prices in Russia increased by 4.3 percent year-on-year in March 2017, easing from a 4.6 percent rise in the previous month and in line with market expectations. It was the lowest inflation rate since June 2012. On a monthly basis, prices edged up 0.1 percent after advancing by 0.2 percent in February.
Thursday May 18 2017
Russia GDP Expands 1st Time In 2 Years In Q4  
The Russian economy advanced 0.3 percent in the fourth quarter of 2016, following 0.4 percent contraction in the previous period. It was the first expansion since the fourth quarter of 2014. Net external demand contributed positively, as exports rose by 3.7 percent (4.2 percent in Q3) and imports edged up 0.3 percent (-3.5 percent in Q3). Also, household spending (-3.2 percent from -4.8 percent in Q3) and investments (-0.3 percent from -0.8 percent) contracted at a slower pace. Meanwhile, government consumption fell 0.5 percent, at the same pace as in the previous period. In 2016, the GDP shrank 0.2 percent.
Friday March 24 2017
Russia Cuts Key Rate To 9.75%  
The Central Bank of Russia has lowered its benchmark one-week repo rate by 25 bps to 9.75 percent on March 24th, while markets expected no change in rates. Policymakers signaled the possibility of further cuts in the second and third quarter of 2017, as inflation slowdown overshoots the forecast, inflation expectations continue to decline and economic activity recovers.
Tuesday March 21 2017
Russia Jobless Rate Steady At 5.6% In February  
The unemployment rate in Russia remained unchanged at 5.6 percent in February of 2017 from the previous month and in line with market expectations. The jobless rate stayed at the highest since May 2016.
Tuesday March 14 2017
Russia Trade Surplus Widens In January  
Russian trade surplus increased by 59 percent to $11.45 billion in January 2017 from $7.2 billion in the same month a year earlier, while below market expectations of a $13.2 billion surplus. Exports jumped 47.2 percent to $25.1 billion and imports went up 38.9 percent to $13.7 billion.
Tuesday March 07 2017
Russia Inflation Rate Slows To New 4-1/2-Year Low  
Consumer prices in Russia increased by 4.6 percent year-on-year in February 2017, easing from a 5 percent rise in the previous month and below market expectations of a 4.7 percent gain. It was the lowest inflation rate since June 2012. On a monthly basis, prices went up 0.2 percent after advancing by 0.6 percent in January.
Wednesday February 22 2017
Russia Jobless Rate At 8-Month High Of 5.6% In January  
The unemployment rate in Russia increased to 5.6 percent in January of 2017 from 5.3 percent in December and well above market expectations of 5.6 percent. It was the highest jobless rate since May 2016.
Friday February 10 2017
Russia Trade Surplus Widens 4.7% YoY In December  
Russian trade surplus increased by 4.7 percent to $11.83 billion in December 2016 from $11.3 billion in the same month a year earlier, well above market expectations of a $9.85 billion surplus. Exports rose 8.3 percent, the second consecutive monthly increase since July 2014; and imports went up 10.6 percent, the fifth month in a row of growth. Considering the full 2016, the trade surplus shrank 39.1 percent to $90.4 billion from $148.5 billion in 2015, as exports fell 17.5 percent and imports declined at a much slower 0.8 percent.
Monday February 06 2017
Russia Inflation Rate At New 4-1/2-Year Low Of 5%  
Consumer prices in Russia increased 5 percent year-on-year in January of 2017, following 5.4 percent rise in the previous month and below market expectations of 5.1 percent. It was the lowest inflation rate since June 2012, as prices increased at a slower pace for food; clothing and footwear; furnishings and household equipment and recreation and cultural activities. On a monthly basis, prices went up 0.6 percent, compared to 0.4 percent rise in December.
Friday February 03 2017
Russia Leaves Key Rate Steady At 10%  
The Central Bank of Russia kept its benchmark one-week repo rate unchanged at 10 percent on February 3rd, as widely expected, and signaled the possibility of further cuts in the first half of 2017 has diminished, given the internal and external developments. Policymakers said that inflation performance has been in line with the forecast, inflation expectations were going down gradually, and the economy was recovering faster than previously expected.
Wednesday January 25 2017
Russia Jobless Rate Edges Dow To 5.3%  
The unemployment rate in Russia declined to 5.3 percent in December of 2016 from 5.4 percent in November and below market expectations of 5.4 percent.
Monday January 16 2017
Russian Trade Surplus Widens Unexpectedly In November  
Russian trade surplus increased by 2.2 percent to $9.14 billion in November 2016 from $8.94 billion in the same month a year earlier, well above market expectations of a $7.6 billion surplus. Exports rose 4.9 percent, the first increase since July 2014; and imports went up 6.4 percent, the fourth consecutive month of growth.
Tuesday January 10 2017
Russia Inflation Rate Confirmed At 5.4% In December  
Consumer prices in Russia increased 5.4 percent year-on-year in December of 2016, following 5.8 percent rise in the previous month and in line with preliminary estimates. It was the lowest inflation rate since June 2012, as prices increased at a slower pace for food, housing and utilities, clothing and footwear and recreation and cultural activities. On a monthly basis, prices went up 0.4 percent, at the same pace as in November.
Friday December 30 2016
Russia Inflation Rate Lowest Since June 2012  
Consumer prices in Russia increased 5.4 percent year-on-year in December of 2016, following 5.8 percent rise in the previous month and below market expectations of 5.6 percent. It was the lowest inflation rate since June 2012, according to preliminary estimates. A year ago inflation was recorded at 12.9 percent.
Monday December 19 2016
Russia Jobless Rate Matches Expectations In November  
Russian unemployment rate decreased to 5.4 percent in November of 2016 compared to 5.8 percent a year ago and in line with market expectations. In the previous month, the jobless rate was recorded at 5.4 percent.
Friday December 16 2016
Russia Holds Key Rate at 10%  
The Central Bank of Russia kept its benchmark one-week repo rate unchanged at 10 percent on December 16th and signaled the possibility of further cuts in the first half of 2017. Policymakers also said that the dynamics of inflation and economic activity were overall in line with the forecast and inflation risks have subsided somewhat. Consumer prices growth was slowing down in part under the influence of temporary factors, while deceleration in inflation expectations remains unsteady.
Tuesday December 13 2016
Russia's GDP Contraction Confirmed At 0.4% YoY In Q3  
Russian economy shrank 0.4 percent year-on-year in the third quarter of 2016, following 0.6 percent fall in the previous period, and in line with preliminary estimates. It was the smallest contraction in seven quarters, driven by lower drop in construction, public administration, transport and accelerated growth for mining and quarrying and agriculture. Russia remained stuck in recession, led by low oil prices, and sanctions over Ukraine that closed access to capital markets.
Monday December 12 2016
Russia Trade Surplus Below Expectations In October  
Russia's trade surplus decreased to $6.6 billion in October 2016, from a $10 billion surplus a year earlier and well below market expectations of $8.2 billion. Exports dropped 7.6 percent, while imports rose for the third consecutive month by 8.2 percent. Considering the first ten months of the year, the trade surplus shrank 45.7 percent to $69.7 billion, as exports fell 22 percent and imports declined at a slower 2.7 percent.
Tuesday December 06 2016
Russia Inflation Rate At 4-Year Low of 5.8% In November  
Consumer prices in Russia increased 5.8 percent year-on-year in November of 2016, following 6.1 percent growth in the previous month and below market expectations of 5.9 percent. It was the lowest inflation rate since July 2012, as prices rose at a slower pace for food; clothing and footwear; recreation and culture; furnishings and household equipment and alcoholic beverages and tobacco . On a monthly basis, prices went up 0.4 percent, below market consensus of 0.6 percent.
Friday November 18 2016
Russia Jobless Rate Falls To 5.4% In October  
Russian unemployment rate decreased to 5.4 percent in October of 2016 compared to 5.5 percent a year ago and in line with market expectations. In the previous month, the jobless rate was recorded at 5.2 percent.
Friday November 11 2016
Russia Trade Surplus Above Expectations in September  
Russia's trade surplus decreased to $7.38 billion in September 2016, from a $9.5 billion surplus a year earlier while above market expectations of $6.9 billion. Exports dropped 3 percent, the lowest decline since August 2014. Meanwhile, imports rose for the second consecutive month by 7.9 percent. Considering the first nine months of the year, the trade surplus shrank 46.6 percent to USD 63.1 billion, as exports fell 23.4 percent and imports declined 4 percent.
Thursday November 03 2016
Russia Inflation Rate at Near 3-Year Low of 6.1%  
Consumer prices in Russia increased 6.1 percent year-on-year in October of 2016, following 6.4 percent growth in the previous month and below market expectations of 6.2 percent. It was the lowest inflation rate since January 2014, as prices rose at a slower pace for food, housing and utilities, clothing and footwear, transport, furnishings and recreation and culture. On a monthly basis, prices went up 0.4 percent.
Friday October 28 2016
Russia Holds Key Rate at 10%  
The Central Bank of Russia kept its benchmark one-week repo rate unchanged at 10 percent on October 28th and signaled the rate will be maintained till end-2016 with its further possible cuts in 2017 Q1-Q2. Policymakers also said the dynamics of inflation and economic activity were overall in line with the forecast. At the same time, inflation is slowing down to a great extent on the back of temporary factors, while deceleration in inflation expectations remains unsteady. Annual growth in consumer prices is set to total less than 4.5 percent for October 2017, dropping to the target level of 4 percent by the end of 2017.
Wednesday October 19 2016
Russia Jobless Rate Steady at 5.2% in September  
Russian unemployment rate remained unchanged at 5.2 percent in September of 2016 compared with a previous month and in a line with market expectations.
Wednesday October 12 2016
Russia Trade Surplus Narrows 44.4% YoY in August  
Russia's trade surplus decreased to $4.9 billion in August 2016, from a $8.8 billion surplus a year earlier and well below market expectations of $7.2 billion. It was the lowest trade surplus since April 2009, as exports dropped 7.2 percent while imports rose for the first time since December 2013 by 13 percent. Considering the first eight months of the year, the trade surplus shrank 48.7 percent to USD 55.7 billion, as exports fell 25.7 percent and imports declined 5.6 percent.
Tuesday October 04 2016
Russia Inflation Rate at 2-1/2-Year Low of 6.4%  
Consumer prices in Russia increased 6.4 percent year-on-year in September of 2016, following 6.9 percent growth in the previous month and below market expectations of 6.6 percent. It was the lowest inflation rate since February 2014, as food, housing and utilities, clothing and footwear, transport prices rose at a slower pace. On a monthly basis, prices went up 0.2 percent.
Monday September 19 2016
Russia Jobless Rate Falls Unexpectedly to 5.2% in August  
Russian unemployment rate declined to 5.2 percent in August of 2016, compared to 5.3 percent in the previous month and well below market expectations of 5.4 percent. It was the lowest jobless rate since September 2015, as the number of unemployed people decreased by 88 thousand to 4.037 million while economically active increased by 0.6 million to 77.5 million (53 percent of population).
Friday September 16 2016
Russia Cuts Key Rate to 10%  
The Central Bank of Russia lowered its benchmark one-week repo rate by 50bps to 10 percent on September 16th, and signaled the rate will be maintained till end-2016 with its further possible cuts in 2017 Q1-Q2. Policymakers also said inflation expectations had decreased while economic activity remained unstable. Annual inflation rate declined to two-year low 6.9 percent in August, following 7.2 percent in the previous month.
Friday September 09 2016
Russia Trade Surplus at Fresh 7-Year Low in July  
Russia's trade surplus decreased to $6.5 billion in July 2016, from a $10.6 billion surplus a year earlier while above market expectations of $6.1 billion. It was the lowest trade surplus since April 2009, as exports dropped at a faster 17.5 percent than 4.1 percent fall in imports. Considering the first seven months of the year, the trade surplus shrank 48.7 percent to USD 51.249 billion, as exports fell 27.8 percent and imports declined 8.6 percent.
Friday September 09 2016
Russia GDP Contracts 0.6% YoY in Q2  
Russian economy shrank 0.6 percent year-on-year in the second quarter of 2016, following 1.2 percent fall in the previous period and in a line with preliminary estimates. It was the smallest contraction in six quarters, as manufacturing production returned to growth and wholesale and retail trade declined at a slower pace.
Monday September 05 2016
Russian Inflation Eases to 6.9% in August  
Consumer prices in Russia increased 6.9 percent year-on-year in August of 2016, following 7.2 percent growth in the previous month while above market expectations of 6.1 percent. It was the lowest reading since March 2014, as housing and utilities, clothing and footwear, transport and recreation and culture prices rose at a slower pace while food cost accelerated. On a monthly basis, prices were flat.
Wednesday August 17 2016
Russian Jobless Rate Down to 5.3% in July  
Russian unemployment rate was recorded at 5.3 percent in July of 2016, compared to 5.4 percent in the previous month. The figure came below market expectations of 5.4 percent and was the lowest since September 2015.
Friday September 09 2016
Russia Trade Surplus at 6-Month High in June  
Russia's trade surplus decreased to USD 8.1 billion in June 2016, from a USD 13.8 billion surplus a year earlier while above market expectations of USD 7.46 billion. It was the biggest trade surplus since December last year, as exports and imports dropped at a slower 19.8 percent and 1.4 percent, respectively. Considering the first six months of the year, the trade surplus shrank 49.9 percent to USD 44.7 billion from USD 89.3 billion in the same period of 2015.
Thursday August 04 2016
Russian Inflation Slows to Near 2-1/2-Year Low in July  
Consumer prices in Russia increased 7.2 percent year-on-year in July of 2016, following 7.5 percent growth in the previous month. It was the lowest reading since March 2014 and below market expectations of 7.4 percent. Housing and utilities, and recreation and culture prices rose at a slower pace while food cost accelerated. On a monthly basis, prices went up 0.5 percent.
Tuesday July 19 2016
Russian Jobless Rate Falls to 5.4% in June  
Russian unemployment rate was recorded at 5.4 percent in June of 2016, down from 5.6 percent in the previous month. The figure came well below market expectations of 5.6 percent and was the lowest since September 2015. The number of unemployed people decreased by 126 thousand to 4.17 million while economically active increased by 0.4 million to 76.9 million (52 percent of population).
Tuesday July 12 2016
Russia Trade Surplus Narrows 51% YoY in May  
Russia's trade surplus decreased sharply to USD 7.5 billion in May 2016, from a USD 15.3 billion surplus a year earlier while above market expectations of USD 7.2 billion. Exports dropped 28.3 percent and imports went down at a slower 5.5 percent. Considering the first five months of the year, the trade surplus shrank 51.4 percent to USD 36.6 billion from USD 75.4 billion in the same period of 2015.
Thursday August 04 2016
Russia Inflation Picks Up to 7.5% in June  
Consumer prices in Russia increased 7.5 percent year-on-year in June of 2016, following 7.3 percent growth in the previous month. It was the highest reading since February and above market expectations of 7.4 percent. Food, housing and transport prices growth accelerated while recreation and culture rose at a slower pace. On a monthly basis, prices went up by 0.4 percent.
Monday June 20 2016
Russian Jobless Rate at 7-Month Low of 5.6%  
Russian unemployment rate was recorded at 5.6 percent in May of 2016, down from 5.9 percent in the previous month. The figure came below market expectations of 5.8 percent and was the lowest October 2015. The number of unemployed people decreased by 217 thousand to 4.3 million.
Wednesday June 15 2016
Russia's GDP Contraction Confirmed at -1.2% in Q1  
Russian economy shrank 1.2 percent year-on-year in three months to March of 2016, following 3.8 percent drop in the previous period and in line with preliminary estimates, final figures showed. The country remained in recession for the fifth consecutive quarter, led by fall in manufacturing, construction, wholesale and retail trade while agriculture, mining and quarrying, financial and rental services advanced.
Friday June 10 2016
Russia Trade Surplus Narrows to 7-Year Low  
Russia's trade surplus decreased sharply to USD 6.8 billion in April 2016, from a USD 14.5 billion surplus a year earlier and below market expectations of USD 8.8 billion. It was the lowest reading since April 2009, as exports fell 28.8 percent while imports went down shrank 6.5 percent.
Friday June 10 2016
Russia Cuts Key Interest Rate to 10.5%  
The Bank of Russia lowered its benchmark one-week repo rate by 50bps to 10.5 percent on June 10th, as widely expected, saying inflation expectations continued to decrease amid an economic recession. Policymakers also said a rate cut could be considered in next meetings if inflationary risks fall further and projected the annual inflation will reach the 4 percent target in late 2017.
Monday June 06 2016
Russia Inflation Rate Stable at 7.3% in May  
Consumer prices in Russia increased 7.3 percent year-on-year in May of 2016, unchanged from the previous two months, staying at the lowest level since April of 2014. Food and transport prices rose at a faster pace while clothing and footwear growth slowed down. On a monthly basis, prices went up by 0.4 percent.
Monday May 23 2016
Russia Jobless Rate Down to 5.9% in April  
Unemployment rate in Russia was recorded at 5.9 percent in April of 2016, down from 6.0 percent in the previous month and below market expectations of 6.0 percent. The number of unemployed people decreased by 47 thousand to 4.52 million while economically active increased by 0.2 million to 76.3 million (52 percent of population).
Thursday May 12 2016
Russia Trade Surplus Below Expectations in March  
Russia's trade surplus decreased by 51 percent to USD 7.7 billion in March of 2016, from a USD 15.8 billion surplus a year earlier and below market expectations of USD 8.5 billion. Exports fell 30.1 percent and imports went down at a slower 10.6 percent.
Monday June 06 2016
Russia Inflation Rate Steady at 7.3% in April  
Consumer prices in Russia increased 7.3 percent year-on-year in April of 2016, the same pace as in the preceding month, staying at its lowest level since April of 2014 and below market expectations of 7.4 percent. Food and transport prices growth accelerated while housing and utilities cost slowed down. On a monthly basis, prices edged up by 0.4 percent.
Friday April 29 2016
Russia Holds Key Rate at 11%  
The Bank of Russia kept its benchmark one-week repo rate unchanged at 11% on April 29th, saying inflation is easing although at a slower pace than anticipated due to budget uncertainties and ambiguity in nominal wages. Policymakers also said a rate cut could be considered in next meetings if inflationary risks decrease.
Tuesday April 19 2016
Russia Jobless Rate at 3-Year High  
Unemployment rate in Russia was recorded at 6.0 percent in March of 2016, up from 5.8 percent in the previous three months and above market expectations of 5.9 percent. It was the highest rate since January of 2013, as the number of unemployed people increased by 138 thousand to 4.56 million while economically active increased by 0.2 million to 76.1 million (52 percent of population).
Monday April 11 2016
Russia Trade Surplus Down 47% in February  
Russia's trade surplus narrowed to USD 7.35 billion in February of 2016, from a USD 13.97 billion surplus a year earlier. Exports shrank 31.4 percent and imports decreased at a slower 19.9 percent.
Tuesday April 05 2016
Russia Inflation Rate at Near 2-Year Low  
Consumer prices in Russia increased 7.3 percent year-on-year in March of 2016, slowing from 8.1 percent growth in the previous month and below market expectations of 7.5 percent. It was the lowest reading since April of 2014, pulled down by cost of food, housing and clothing. On a monthly basis, prices edged up by 0.5 percent.
Friday April 01 2016
Russia GDP Contracts 3.8% in Q4  
Russian economy contracted 3.8 percent year-on-year in the fourth quarter of 2015, in line with the preliminary estimates, following a downwardly revised 3.7 percent drop in the previous period, final figures showed. The GDP shrank for the fourth straight period, dragged down by household spending (-12.4 percent from -10.4 percent in Q3), public consumption (-1.7 percent from -1.8 percent in Q3) and gross fixed capital formation (-6.0 percent from -11.3 percent in Q3). Imports fell 21.2 percent (-25.4 percent) while exports advanced 9.8 percent (-1.4 percent in Q3).
Monday March 21 2016
Russia Unemployment Rate Steady at 5.8%  
Russian jobless rate was recorded at 5.80 percent in February of 2016, unchanged from the previous two months and in line with market expectations. The number of unemployed people was steady at 4.4 million while economically active increased by 0.1 million to 75.9 million (52 percent of population).
Friday March 18 2016
Russia Holds Key Rate at 11%  
The Bank of Russia left its benchmark one-week repo rate unchanged at 11% on March 18th saying inflationary risks remain high due to developments in the oil market and budget uncertainties. Policymakers also said rates may stay high for longer than previously planned, aiming to bring inflation to target.
Friday March 11 2016
Russia Trade Surplus at 5-1-2-Year Low  
Russia's trade surplus narrowed to USD 7.9 billion in January of 2016, from a USD 15.4 billion surplus a year earlier. It was the lowest surplus since August of 2010, as exports fell 34.4 percent and imports decreased at a slower 21 percent.
Friday March 04 2016
Russia Inflation Rate at 17-Month Low  
Consumer prices in Russia increased 8.1 percent year-on-year in February of 2016, compared to 9.8 percent growth in the previous month and below market expectations of 8.5 percent. It was the lowest figure since September of 2015, as cost of food, housing and transportation rose at a slower pace. On a monthly basis, prices went up by 0.6 percent.
Thursday February 18 2016
Russia Jobless Rate Unchanged at 5.8% in January  
Russian unemployment rate was recorded at 5.80 percent in January of 2016, unchanged from the previous month and below market expectations. The number of unemployed people was steady at 4.4 million while economically active decreased by 0.9 million to 75.8 million (52 percent of population).
Thursday February 11 2016
Russia Trade Surplus Narrows 21% in December  
Russia posted a USD 10.98 billion trade surplus in December of 2015, down from a USD 13.9 billion surplus a year earlier, as exports shrank 26 percent and imports fell 28.8 percent.
Friday February 05 2016
Russia Inflation Rate at 14-Month Low  
Consumer prices in Russia increased 9.8 percent year-on-year in January of 2016, down from 12.9 percent in the previous month, slightly below market expectations. It was the lowest reading since November of 2014, as cost of food, housing and transportation rose at a slower pace. On a monthly basis, prices went up by 1.0 percent.
Friday January 29 2016
Russia Keeps Key Rate on Hold at 11%  
The Bank of Russia left its benchmark one-week repo rate unchanged at 11 percent on January 29th 2016 as another oil price slump sent the ruble to fresh record lows of 85 per USD last week thus increasing inflation risks. The inflation rate declined to 12.9 percent in December after being above 15 percent for most of 2015, but it is still far from the central bank's 4 percent target. The policymakers estimate annual inflation to drop below 7 percent as early as January 2017 so it reaches the target by late 2017. However, if inflation risks amplify, the Bank of Russia cannot rule out a tightening of its monetary policy.
Monday January 25 2016
Russia Unemployment Rate Steady at 5.8%  
Russian jobless rate was recorded at 5.80 percent in December of 2015, the same as in the previous month and remaining the highest since April of 2015. The number of unemployed people decreased marginally while economically active edged up slightly.
Friday January 15 2016
Russian Trade Surplus Narrows 33.3% in November  
Russia posted a USD 9.1 billion trade surplus in November of 2015, down from a USD 13.7 billion surplus a year earlier, as exports shrank 30.5 percent and imports 28.9 percent. It is the lowest trade surplus since August.
Tuesday January 12 2016
Russia Inflation Rate at 1-Year Low  
Consumer prices in Russia increased by 12.9 percent year-on-year in December of 2015, following a 15.0 percent growth in the previous month and below market expectations. It was the lowest reading since December of 2014.
Thursday December 17 2015
Russia Unemployment Rate at 7-Month High  
Russian jobless rate unexpectedly increased to 5.8 percent in November from 5.5 percent in October and above market expectations of 5.6 percent. It is the highest rate since April, as the number of unemployed people edged up while economically active declined.
Monday December 14 2015
Russian Trade Surplus Drops 32% in October  
Russia posted a USD 10 billion trade surplus in October of 2015, down from a USD 14.7 billion surplus a year earlier, as exports shrank 34 percent.
Friday December 11 2015
Russia Keeps Key Rate at 11%  
The Bank of Russia left its benchmark one-week repo rate unchanged at 11 percent on December 11th, 2015, recognizing growing inflation risks while the risks of economic cooling remained. However, policymakers signaled rate cuts in the next meetings, if inflation slows down in line with forecasts and on condition inflation risks recede.
Thursday December 10 2015
Russia Stays In Recession in Q3  
The Russian economy shrank for the fifth consecutive period by 0.57 percent on quarter in the three months to September of 2015, following an upwardly revised 1.3 percent drop in the previous period.
Thursday December 10 2015
Russian GDP Contraction Confirmed at 4.1% in Q3  
Russian economy shrank 4.1 percent year-on-year in the third quarter of 2015, in line with the preliminary estimates, following a 4.3 percent drop in the previous period, final figures showed.
Friday December 04 2015
Russian Inflation Rate at 10-Month Low  
Consumer prices in Russia increased by 15.0 percent year-on-year in November of 2015, following a 15.6 percent growth in the previous month, as cost of food, housing and transportation rose at a slower pace while clothing and footwear prices went up.
Thursday November 26 2015
Is Russian Economy Recovering?  
The fall in commodity prices and Western sanctions have been hurting Russian economy in the last year. And although the official government forecasts are pointing to the end of recession in 2016 and slowdown in inflation, there is a possibility that ongoing military operation in Syria and escalating conflict with Turkey may push the recovery further ahead.
Wednesday November 18 2015
Russia Unemployment Rate at 5-Month High  
Russian jobless rate unexpectedly increased to 5.5 percent in October from 5.2 percent in September and above market expectations of 5.4 percent. It is the highest rate since May as the number of unemployed people edged up while employed and economically active declined.
Thursday November 12 2015
Russian GDP Falls Less Than Expected in Q3  
The Russian economy shrank 4.1 percent year-on-year in the three months to September of 2015, preliminary estimates from the Federal Statistics Service showed. The economy contracted for the third straight quarter, marking the first recession since the financial crisis in 2009.
Thursday November 12 2015
Russia Trade Surplus Narrows in September  
Russia posted a USD 9.6 billion trade surplus in September of 2015, down from a USD 12.1 billion surplus a year earlier, as imports fell more than exports.
Thursday November 05 2015
Inflation in Russia Eases to 15.6% in October  
Consumer prices in Russia increased by 15.6 percent year-on-year in October of 2015, down from a 15.7 percent growth in the previous month, as cost of food, transportation and housing rose at a slower pace while clothing and footwear prices went up.
Friday October 30 2015
Russia Holds Key Rate at 11%  
The Bank of Russia left its benchmark one-week repo rate steady at 11 percent in October of 2015, saying the balance between inflation risks and weak growth remains unchanged. Yet, policymakers signaled they would lower rates in the next meetings if the inflation rate keeps slowing.
Monday October 19 2015
Russia Unemployment Rate at 10-Month Low  
Russian jobless rate decreased to 5.2 percent in September from 5.3 percent in August and below market expectations. It is the lowest rate since November of 2014 as the number of unemployed and economically active people decreased.
Monday October 12 2015
Russia Trade Surplus Lowest in 5 Years  
Russia posted a USD 8.7 billion trade surplus in August of 2015, down from a USD 16.2 billion surplus a year earlier, as exports fell more than imports. It is the lowest surplus since August of 2010.
Monday October 05 2015
Russian Inflation Rate Edges Down in September  
Consumer prices in Russia increased by 15.7 percent year-on-year in September of 2015, slightly down from a 15.8 percent growth in the previous month, as cost of food, transportation and housing rose at a slower pace.
Thursday September 17 2015
Russia Unemployment Rate at 5.3%  
The jobless rate in Russia was recorded at 5.3 percent in August of 2015, the same as in July, remaining one of the lowest in Europe.
Saturday September 12 2015
Russia Trade Surplus At Nearly 5-Year Low  
Russia posted a USD 10.7 billion trade surplus in July of 2015, down from a USD 17 billion surplus a year earlier. It is the lowest value since November of 2010.
Friday September 11 2015
Russia Leaves Monetary Policy Unchanged  
The Bank of Russia left its benchmark one-week repo rate on hold at 11 percent in September, following a 50bps cut in July, saying the ruble depreciation is having an upward impact on prices.
Tuesday September 08 2015
Russia Falls Deep into Recession  
The Russian economy shrank 2 percent on quarter in the three months to June of 2015, the worst performance since the 2009 crisis.
Tuesday September 29 2015
Russian GDP Contraction Confirmed at 4.6% in Q2  
Russian GDP shrank 4.6 percent year-on-year in the second quarter of 2015, in line with the preliminary estimates. It is the worst figure since the third quarter of 2009.
Friday September 04 2015
Russia Inflation Rate Rises to 15.8% in August  
Annual inflation rate in Russia increased to 15.8 percent in August of 2015 from 15.6 percent in the previous month. The number came above market expectation as prices of fruits and vegetables increased.
Wednesday August 19 2015
Russia Unemployment Rate Down to 5.3% in July  
Russian jobless rate decreased for the forth consecutive month to 5.3 percent in July from 5.4 percent in June. It is the lowest value since December of 2014 and below market expectations.
Tuesday August 11 2015
Russia Trade Surplus Narrows in June  
Russia posted a USD 13.78 billion trade surplus in June of 2015, down from a USD 13.95 billion surplus a year earlier.
Monday August 10 2015
Russian Economy Contracts 4.6% in Q2  
Russian GDP shrank 4.6 percent year-on-year in the second quarter of 2015 compared to a 2.2 percent decline in the previous three months, according to the preliminary estimate released by Rosstat. It is the largest contraction in six years, marking the first recession since the financial crisis in 2009.
Tuesday August 04 2015
Russia Inflation Rate Rises to 15.6% in July  
Annual inflation rate in Russia accelerated to 15.6 percent in July of 2015 from 15.3 percent in the previous month. The value was below market expectation but still broke the downward trend.
Friday July 31 2015
Russia Cuts Key Rate to 11%  
The Bank of Russia lowered its benchmark one-week repo rate by 50 bps to 11 percent on July 31st. It is the fifth straight cut aimed at boosting growth and despite a slight increase in the inflation risks.
Friday July 17 2015
Russia Unemployment Rate Down to 5.4% in June  
Russian jobless rate decreased for the third consecutive month to 5.4 percent in June from 5.6 percent in May. It is the lowest value since December of 2014 and below market expectations.
Friday July 10 2015
Russia Trade Surplus Narrows in May  
Russia posted a USD 15.31 billion trade surplus in May of 2015, down from a USD 17.93 billion surplus a year earlier.
Monday July 06 2015
Russia Inflation Rate Slows in June  
Annual inflation rate in Russia went down to 15.3 percent in June of 2015 from 15.8 percent in the previous month as rise in cost of food and housing eased.
Thursday June 18 2015
Russia Unemployment Rate Falls Again in May  
Russian jobless rate decreased for the second consecutive month to 5.6 percent in May from 5.8 percent in April.
Monday June 15 2015
Russian Economy Contracts 1.3% QoQ in Q1  
The Russian GDP shrank 1.29 percent on quarter in the first three months of 2015. The economy contracted for the third straight quarter, revised data from the statistical office showed.
Monday June 15 2015
Russian Economy Contracts More than Expected  
Russian GDP shrank 2.2 percent year-on-year in the first three months of 2015, worse than a 1.9 percent contraction previously reported. It is the first decline since the last quarter of 2009, final data from the statistical office showed.
Thursday June 11 2015
Russia Trade Surplus Narrows in April  
Russia posted a USD 15.04 billion trade surplus in April of 2015, down from a USD 19.99 billion surplus a year earlier.
Thursday June 04 2015
Russia Inflation Rate At 4-Month Low  
Annual inflation rate in Russia slowed to 15.8 percent in May of 2015 from 16.4 percent in the previous month as increase in cost of food and housing eased.
Friday May 22 2015
Russia Unemployment Rate Falls in April  
Russian jobless rate decreased for the first time in eight months to 5.8 percent in April from 5.9 percent in March.
Friday May 15 2015
Russian GDP Shrinks For The First Time in 6-Years  
The Russian economy contracted 1.9 percent year-on-year in the first three months of 2015, preliminary data from the statistical office showed. It is the first decline since the last quarter of 2009 prompted by a sharp drop in oil prices and sanctions imposed over the Ukraine crisis .
Tuesday May 12 2015
Russia Trade Surplus Narrows in March  
Russia posted a USD 14.98 billion trade surplus in March of 2015, down from a USD 19.62 billion surplus a year earlier.
Wednesday May 06 2015
Russia Inflation Rate Slows in April  
Russian annual inflation slowed for the first time in nine months to 16.4 percent in April from 16.9 percent in March. Figures came below market expectations due to lower cost of food and transport, after the ruble gained more than 10 percent against the USD during the month.
Thursday April 30 2015
Russia Lowers Key Rate to 12.5%  
The Bank of Russia cut its benchmark one-week repo rate by a bigger-than-expected 150bps to 12.5 percent in April. It is the third straight cut as inflationary pressures slowed while the economy is cooling.
Friday April 17 2015
Russia Unemployment Rate Edges Up in March  
Russian jobless rate increased for the seventh straight month to 5.9 percent in March from 5.8 percent in February.
Friday April 10 2015
Russia Trade Surplus Widens in February  
Russian trade surplus increased for the first time in four months year-on-year to USD 13.6 billion in February of 2015 from USD 12.5 billion a year earlier as the contraction in exports and imports slowed.
Thursday April 09 2015
Russian Economy Stalls for 2nd Straight Quarter  
The Russian GPD stagnated for the second consecutive quarter in the last three months of 2014 as a rebound in manufacturing was not enough to offset a drop in mining and construction.
Monday April 06 2015
Russia Inflation Rate Edges Up in March  
Russian consumer prices rose 16.9 percent year-on-year in March of 2015, following a 16.7 percent increase in February. Yet, monthly inflation slowed for the second straight month to its lowest since October last year.
Wednesday April 01 2015
Russia 2014 GDP Growth at 5-Year Low  
The Russian economy advanced 0.6 percent in 2014 down from 1.3 percent in 2013. It is the lowest growth rate since a 2009 recession.
Thursday March 19 2015
Russia Unemployment Rate at 2-Year High  
Russian jobless rate rose for the sixth straight month to 5.8 percent in February of 2015 from 5.5 percent in the previous month. It is the highest figure since February of 2013.
Friday March 13 2015
Russia Trade Surplus Narrows in January  
Russian trade surplus decreased to USD 15 billion in the first month of 2015 from a USD 18.7 billion surplus a year earlier as exports posted the biggest drop in more than five years.
Friday March 13 2015
Russia Cuts Key Rate to 14%  
Russian central bank lowered its benchmark one-week repo rate by 100 bps to 14 percent on March 13th, as "balance of risks is still shifted towards a more significant cooling of the economy". It is the second straight rate cut.
Thursday March 05 2015
Russia Inflation Rate Up to 13-Year High  
Russian annual inflation rate increased further to 16.7 percent in February of 2015 from 15 percent in the previous month, due to higher food cost. It is the highest figure since March of 2002 when it was recorded at 16.8 percent.
Wednesday February 18 2015
Russia Unemployment Rate Rises in January  
Russian jobless rate increased to 5.5 percent in January of 2015 from 5.3 percent in the previous period. The unemployment rate rose for the fifth straight month, reaching its highest since February when it was recorded at 5.6 percent.
Wednesday February 11 2015
Russia Trade Surplus at 3-Month Low  
Russian trade surplus shrank 24 percent to USD 12.93 billion in December of 2014 after declining 25 percent a month earlier.
Thursday February 05 2015
Russia Inflation Rate Up to 15%  
Russian annual inflation rate accelerated for the sixth consecutive month to 15 percent in January of 2015 from 11.4 percent in December. It is the highest rate in more than six years as a weak rouble has been pushing import prices up.
Friday January 30 2015
Russia Cuts Key Rate to 15%  
Central bank of Russia surprisingly cut its benchmark one-week repo rate by 200 bps to 15 percent in January, saying inflation is expected to fall in mid-2015 while the economy is cooling. The move was quite unexpected and follows a 650 bps increase in December.
Wednesday January 28 2015
Russia Unemployment Rate at 8-Month High  
Russian jobless rate increased for the fourth consecutive month to 5.3 percent in December of 2014 from 5.2 percent in the previous month, reaching the highest since April.
Friday January 16 2015
Russia Trade Surplus Shrinks in November  
Russian trade surplus narrowed 21.4 percent year-on-year to USD 13.4 billion in November of 2014, as exports declined the most in five years.
Monday January 12 2015
Russia Inflation Rate at 5-Year High  
Russian annual inflation rate increased to 11.4 percent in December of 2014 from 9.1 percent in the previous month, mainly driven by higher food cost. It is the highest rate since August of 2009.
Wednesday December 17 2014
Russia Unemployment Rate Edges Up to 5.2%  
Russian jobless rate increased to 5.2 percent in November of 2014 from 5.1 percent in the previous month, above market expectations.
Monday December 15 2014
Russia Raises Key Rate to 17%  
Central Bank of Russia hiked its benchmark interest rate by 650 basis points to 17 percent, effective December 16th. It was the biggest increase since 1998 default, aimed at limiting ruble depreciation and inflation risks.
Friday December 12 2014
Russian Economy Stalls in Q3  
The Russian GPD posted zero growth in the three months to September, following a revised 0.14 percent expansion in the previous period, as a rise in internal trade and real estate activities was not enough to offset a drop in manufacturing.
Friday December 12 2014
Russia Trade Surplus Widens in October  
Russian trade surplus increased 6.2 percent year-on-year to USD 13.6 billion in October of 2014 as imports keep falling at a faster pace than exports.
Thursday December 11 2014
Russia GDP Growth Confirmed at 0.7% in Q3  
The Russian economy advanced 0.7 percent year-on-year in the third quarter of 2014, matching preliminary estimates from the Federal Statistics Office. Growth was mainly driven by the manufacturing and transport sectors.
Thursday December 11 2014
Russia Raises Key Rate to 10.5%  
Russian central bank raised its benchmark one-week repo rate for the second straight meeting by 100 bps to 10.5 percent, aiming to fight inflation and support the ruble. Policymakers also cut growth forecasts sharply due to lower oil prices.
Thursday December 04 2014
Russia Inflation Rate Up to 9.1%  
Russian annual consumer prices rose to 9.1 percent in November of 2014 from 8.3 percent in October of 2014 as cost of food and services continue to increase. It is the highest rate since June of 2011.
Friday November 21 2014
Russia Unemployment Rate Up to 5.1%  
Russian jobless rate increased for the second consecutive month to 5.1 percent in October of 2014 from 4.9 percent in September, above market forecasts.
Thursday November 13 2014
Russia GDP Growth Beats Expectations  
The Russian economy advanced 0.7 percent year-on-year in the third quarter of 2014, down from a 0.8 percent expansion reported from April to June, according to the preliminary figures from the Federal Statistics Office. The number came well above market expectations and the central bank estimate of 0.2 percent.
Tuesday November 11 2014
Russia Trade Surplus Narrows 19%  
Russian trade surplus decreased to USD 12.95 billion in September of 2014 from a USD 16 billion surplus a year earlier, as exports declined to the lowest value in seven months.
Wednesday November 05 2014
Russia Inflation Rate Rises Further  
Russian annual inflation rate accelerated for the third straight month to 8.3 percent in October of 2014 from 8 percent in September. Yet, monthly inflation recorded the highest rate in five months.
Friday October 31 2014
Russia Raises Key Rate to 9.5%  
Russian central bank decided to increase the one-week repo rate by 150 bps to 9.5 percent on October 31st citing high inflation. Since the beginning of 2014, the benchmark interest rate rose four times by a total 400 bps.
Friday October 17 2014
Russia Unemployment Rate Edges Up in September  
Russian jobless rate increased to 4.9 percent in September of 2014 from 4.8 percent in the previous month. It is the first increase since November last year, matching market forecasts.
Friday October 10 2014
Russia Trade Surplus Widens in August  
Russian trade surplus increased slightly to USD 15.85 billion in August of 2014 from USD 14.17 billion a year earlier. Yet, imports recorded the highest annual loss since December of 2009.
Friday October 03 2014
Russia Inflation Rate Up to 3-Year High  
Russian consumer prices rose by an annual 8 percent in August of 2014 compared with a 7.6 percent increase in July. The inflation rate accelerated for the second straight month to its highest since August of 2011.
Monday September 29 2014
Russian Economy Advances 0.25% in Q2  
Russian GDP advanced 0.25 percent on quarter in the April to June period. Growth figures for the first three months of 2014 were revised to show the economy stalled instead of a previously reported 0.3 percent contraction.
Wednesday September 17 2014
Russia Unemployment Rate Down to 4.8% in August  
Russian jobless rate fell to 4.8 percent in August of 2014 from 4.9 percent in the previous three months.
Friday September 12 2014
Russia Leaves Monetary Policy Unchanged  
At its September 12th, 2014 meeting, Russian central bank decided to leave its benchmark one-week repo rate steady at 8 percent, as the current monetary policy stance is expected to bring inflation down to 4 percent in the medium run.
Thursday September 11 2014
Russian Trade Surplus at 3-Month High  
Russian trade surplus widened to USD 17.07 billion in July of 2014 from USD 13.45 billion a year earlier, driven by higher exports to countries outside the Commonwealth of Independent States.
Thursday September 04 2014
Russia Inflation Rate Edges Up to 7.6%  
Russian annual inflation rate accelerated slightly to 7.6 percent in August from 7.5 percent in July.
Tuesday August 19 2014
Russia Unemployment Rate Unchanged in July  
Russian jobless rate remained stable at 4.9 percent for the second straight month in July of 2014. It is the lowest rate in more than eleven years.
Monday August 11 2014
Russia Trade Surplus Deteriorates Sharply in June  
Russian trade surplus narrowed 24 percent to USD 13.97 billion in June of 2014 from USD 18.28 billion reported in previous month as exports decreased 8 percent and imports grew 3 percent.
Monday August 11 2014
Russia's GDP Growth Slows to 0.8% in Q2  
Russia’s economy expanded 0.8 percent year-on-year in the first three months of 2014, slightly below 0.9 percent increase in the previous quarter, preliminary data from the Federal Statistics Service showed.
Monday August 04 2014
Russia Inflation Rate Decelerates Slightly in July  
Russian annual consumer inflation declined to 7.5 percent in July of 2014 from 7.8 percent in the previous month, driven mostly by lower cost of electricity, gas and other fuels.
Friday July 25 2014
Russia Raises Key Rate to 8%  
Russian central bank hiked its benchmark one-week repo rate by 50 bps to 8 percent on July 25th, aiming to curb high inflation caused by geopolitical tensions. Policymakers also said that the interest rates could rise further if high inflation risks persist.
Thursday July 17 2014
Russia Unemployment Rate Stable at 4.9%  
In June of 2014, Russian jobless rate was recorded at 4.9 percent, unchanged from the previous month. A year earlier, unemployment was recorded at 5.4 percent.
Friday July 11 2014
Russia Trade Surplus Narrows in May  
Russian trade surplus narrowed 7.8 percent over the previous month to USD 18.28 billion in May of 2014, as exports fell for the first time in three months. Compared with the same month of 2013, the trade surplus widened 25 percent, due to a surge in exports to the Commonwealth of Independent States countries.
Friday July 04 2014
Russia Inflation Rate Rises Further in June  
Russian annual consumer prices accelerated for the fifth straight month in June to its highest since August of 2011. The inflation rate rose to 7.8 percent, following a 7.6 percent increase in the previous month, driven by higher food and utility cost.
Thursday July 03 2014
Russian GDP Contracts 0.3% QoQ in Q1  
The Russian economy shrank 0.3 percent quarter-on-quarter in the first three months of 2014, following a revised 0.3 percent expansion in the previous two quarters. It is the first contraction in five quarters, as production in nearly all main sectors of the economy decreased.
Friday June 20 2014
Russia Unemployment Rate Down to 11-Year Low  
Russian jobless rate fell to 4.9 percent in May of 2014, the lowest rate since January of 1993. Unemployment decreased for the third straight month from 5.3 percent in April. A year earlier, unemployment reached 5.2 percent of the workforce.
Monday June 16 2014
Russia Leaves Monetary Policy Unchanged  
At its June 16th, 2014 meeting, Central Bank of Russia left its benchmark one-week repo rate on hold at 7.5 percent, following a 50 bps increase last meeting. Policymakers cited concerns over high inflation and hinted future rate hikes in case existing inflation risks materialize.
Wednesday June 11 2014
Russia Trade Surplus at 2-Year High  
Russian trade surplus increased to USD 19.8 billion in April of 2014 from USD 19.7 billion in the previous month and USD 14.2 billion a year earlier. It is the highest surplus since February of 2012 as exports grew at its fastest annual pace in twenty five months.
Wednesday June 04 2014
Russia Inflation Rate Rises To Nearly 3-Year High  
Russian annual consumer inflation accelerated for the fourth straight month to 7.6 percent in May of 2014 from 7.3 percent in the previous month, driven by higher food prices.
Thursday May 22 2014
Russia Unemployment Falls to 5.3%  
Russian jobless rate dropped for the second consecutive month to 5.3 percent in April of 2014 from 5.4 percent in March.
Thursday May 15 2014
Russian Economy Advances 0.9% in Q1  
Russia’s GDP expanded 0.9 percent year-on-year in the first three months of 2014, down from a 2 percent increase in the previous quarter. It is the lowest growth rate in five quarters, hurt by a fall in investment.
Monday May 12 2014
Russia Trade Surplus Widens In March  
Russian March foreign trade surplus increased to USD 19.71 billion from USD 12.43 billion in February, boosted by a surge in exports. A year earlier, the country posted a USD 15.66 billion surplus.
Tuesday May 06 2014
Russia Inflation Rate Accelerates in April  
Russian consumer prices increased 7.3 percent in April from 6.9 percent in March, driven by higher food, electricity and gas prices.
Friday April 25 2014
Bank of Russia Raises Key Lending Rate to 7.5%  
Central bank of Russia unexpectedly raised its one-week minimum auction repo rate by 50 basis points to 7.5 percent citing greater than expected impact of rouble devaluation on inflation.
Thursday April 17 2014
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Wednesday April 16 2014
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Friday April 11 2014
Russia Trade Surplus Narrows Sharply in February  
Russian trade surplus decreased 34 percent in February of 2014 over the previous month to USD 12.43 billion, mainly due to a sharp fall in exports to countries outside the Commonwealth of Independent States. Compared with the same month last year, the surplus narrowed 18.5 percent.
Monday April 07 2014
Russian Economy Accelerates in Q4  
In the fourth quarter of 2013, Russian GDP advanced a seasonally adjusted 0.9 percent over the previous quarter. Considering full 2013, the economy expanded 1.3 percent.
Friday April 04 2014
Russia Inflation Rate Up to 9-Month High  
In March of 2014, Russian annual inflation rate rose for the second straight month to 6.9 percent, up from 6.2 percent in February, driven by higher cost of milk, fruit, electricity and gas.
Tuesday April 01 2014
Russian GDP Growth Beats Expectations in Q4  
The Russian economy advanced at a faster than expected 2 percent year-on-year in the last three months of 2013, up from a revised 1.3 percent expansion in the previous period. GDP growth in 2013 as a whole was 1.3 percent.
Thursday March 20 2014
Russia Unemployment Rate Unchanged at 5.6%  
In February of 2014, Russian jobless rate remained steady at 5.6 percent, the same rate recorded in the previous two months.
Friday March 14 2014
Russia Trade Surplus Up to 2-Year High  
In the first month of 2014, Russian trade surplus widened to USD 18.86 billion, up from USD 15.8 billion a month earlier and USD 17.21 billion in the same month last year, as imports dropped to the lowest value in three years.
Friday March 14 2014
Russia Leaves Rate on Hold at 7%  
At its March 14th, 2014 meeting, Bank of Russia decided to leave the benchmark interest rate unchanged at 7 percent, as inflation risks that brought about an increase in the key rate on March 3rd still apply. The central bank said it does not intend to lower the key rate in the coming months, as its priority is to contain the effect of exchange rate dynamics on consumer prices.
Tuesday March 04 2014
Russia Inflation Rate Edges Up Slightly in February  
Russian annual inflation rate rose slightly to 6.2 percent in February of 2014, from 6.1 percent in the previous month, boosted by higher food and electricity cost.
Monday March 03 2014
Bank of Russia Raises Rates  
Central Bank of Russia decided on March 3rd to temporarily raise interest rates by 1.5 percentage points due to an increased risk to financial stability and inflation.
Wednesday February 19 2014
Russian Unemployment Rate Stable in January  
In January of 2014, Russian jobless rate remained steady at 5.6 percent, after rising by 0.2 percent in December.
Friday February 14 2014
Bank of Russia Leaves Rates on Hold  
At its February 14th, 2014 meeting, the Bank of Russia Board of Directors decided to maintain the benchmark key rate at 5.5 percent, as the inflation is expected to be close to the target level by the end of 2014 amid slow economic growth. But the central bank also noticed that it would raise rates if the weakening rouble causes inflation to rise above mid-term targets.
Tuesday February 11 2014
Russia Trade Surplus Narrows in December  
In December of 2013, Russian trade surplus decreased to USD 15.79 billion, as imports surged to a new record high. In November, the surplus had widened to a 10-month high.
Wednesday February 05 2014
Russia Inflation Rate Slows in January  
In January of 2014, Russian inflation rate slowed to an annual 6.1 percent, after remaining steady at 6.5 percent in the previous two months, mainly due to lower food prices.
Monday January 27 2014
Russia Unemployment Rises to 8-Month High in December  
In December of 2013, Russian jobless rate increased to 5.6 percent from 5.4 percent in November. A year ago, unemployment was recorded at 5.3 percent.
Friday January 17 2014
Russia Trade Surplus Widens in November  
In November of 2013, Russian trade surplus increased 12.8 percent yoy to USD 16.5 million, as exports surged after a fall in October.
Tuesday December 31 2013
Russian Inflation Stable At 6.5% in December  
In December, Russia’s annual CPI edged up to 6.5 percent, unchanged from November. On a monthly basis, prices rose 0.5 percent, down from 0.6 percent in the previous month.
Tuesday December 31 2013
Russian GDP Confirmed Up by 1.2% In Q3  
In the third quarter of 2013, Russia's economy expanded by 1.2 percent over the same quarter of the previous year, in line with the preliminary release and the same growth rate as in the previous three-month period.
Wednesday December 18 2013
Russia Unemployment Rate Slightly Falls in November  
In November of 2013, Russian jobless rate decreased for the first time in four months to 5.4 percent, from 5.5 percent in October. The number of unemployed people remained unchanged at 4.1 million.
Friday December 13 2013
Russia Monetary Policy Unchanged in December  
Russian Central Bank decided on December 13th to keep its key interest rate on hold at 5.5 percent as growth remains low and inflation expectations are pressured by food price increase.
Thursday December 12 2013
Russia Trade Surplus Narrows to 14-Month Low  
In October of 2013, Russian trade surplus decreased to USD 13.19 billion, the lowest value since August last year. Russian exports have been hurt by lower demand and a fall in commodities’ prices.
Thursday December 05 2013
Russian Inflation Rate Accelerates in November  
In November of 2013, Russia’s annual CPI edged up to 6.5 percent, from 6.3 percent in October. On a monthly basis, prices rose 0.6 percent, the same rate recorded in the previous period.
Wednesday November 20 2013
Russia’s Unemployment Rate Up to 5.5% in October  
In October, Russian unemployment rate was reported at 5.5 percent, up from 5.3 percent in the previous month. The number of unemployed people increased to 4.1 million, from 3.99 million in September.
Tuesday December 10 2013
Russian Economy Expands 1.2% YoY in Q3  
In the third quarter of 2013, Russia's GDP increased 1.2 percent on an annual basis, the same growth rate as in the previous three-month period.
Monday November 11 2013
Russia Trade Surplus Slightly Narrows in September  
In September of 2013, Russia’s trade surplus decreased to 15.7 billion USD, slightly down from 15.74 billion USD a year earlier. Both exports and imports were up, but purchases grew at a faster pace.
Friday November 08 2013
Bank of Russia Keeps Rates Unchanged  
In its November 8th meeting, Bank of Russia decided to leave the one-week auction repo rate at 5.5 percent. The decision was based on inflation risks and sluggish economic growth. The overnight rate remained unchanged at 6.5 percent.
Wednesday November 06 2013
Russia's Inflation Rate Up to 6.3% in October  
In October, Russian annual inflation rate accelerated to 6.3 percent, from 6.1 percent in September, mainly due to a rise in food cost.
Thursday October 17 2013
Russian Unemployment Rate Up to 5.3% in September  
In September of 2013, Russian jobless rate went up to 5.3 percent, from 5.2 percent in August. The number of unemployed people increased to 3.99 million persons, from 3.96 million in the previous month.
Monday October 14 2013
Bank of Russia Leaves Rates on Hold  
Bank of Russia decided on October 14th to maintain the one-week auction repo rate, its key rate introduced last month at 5.5 percent. Decelerating inflation rate and slower economic growth influenced the decision. The overnight rate remained unchanged at 6.5 percent.
Friday October 11 2013
Russia Trade Surplus Widens in August  
In August of 2013, Russian trade surplus increased to 13.8 billion USD, from 11.3 billion a year earlier. The improvement is due to falling imports (-5.3 percent, year-on-year) while exports grew by 2.3 percent.
Friday October 04 2013
Russia Inflation Decelerates to 6.1% in September  
In September of 2013, Russian annual inflation decelerated to 6.1 percent, the lowest rate in 13 months, mainly due to a sharp drop in housing cost. From August to July, prices went up by 0.2 percent, after rising 0.1 percent in the previous month.
Tuesday October 01 2013
Russian Economy Continues To Contract in Q2  
In the second quarter of 2013, Russian GDP shrank by a seasonally adjusted 0.26 percent over the previous quarter, after contracting by 0.25 percent in the first three months of 2013. The rebound in mining was not enough to offset the drop in manufacturing.
Wednesday September 18 2013
Russian Unemployment Rate Falls to 5.2% in August  
In August of 2013, Russian jobless rate fell for the third consecutive month to 5.2 percent, from 5.3 percent in July. The number of unemployed people decreased to 3.96 million from 4.01 million in the previous month.
Friday September 20 2013
Bank of Russia Keeps Key Rates on Hold; Cuts Overnight Rate  
Bank of Russia decided on September 13th to leave the benchmark interest rate unchanged at 8.25 percent for the twelfth consecutive month, citing risks to low economic growth. It also decided to cut the overnight rate to 6.5 percent from 8.25 percent.
Wednesday September 11 2013
Russian Trade Surplus Widens in July Over a Year Earlier  
In July of 2013, Russian trade surplus increased to 13.3 billion USD, from 11.5 billion USD a year earlier. Exports increased for the second month in a row by 5.5 percent year-on-year, boosted by shipments to the non-CIS countries.
Wednesday September 04 2013
Russian Inflation Rate Steady at 6.5% in August  
In August of 2013, Russian annual inflation remained stable at 6.5 percent. From July to August, prices eased to 0.1 percent, from 0.8 percent recorded in the previous period, mainly due to a drop in food prices.
Tuesday August 20 2013
Russian Unemployment Down to 5.3% in July  
In July, Russia's unemployment was down to 5.3 percent from 5.4 percent both in the previous month and in July of 2012. The number of unemployed decreased to 4.01 million people from 4.09 million in the previous month.
Friday August 09 2013
Russia's Economic Growth Slows Down in Q2  
In the second quarter of 2013, Russia's gross domestic product expanded 1.2 percent compared with the same period of the previous year, down from 1.6 percent registered in Q1.
Friday August 09 2013
Russian Trade Surplus Narrows in June  
In June, Russia's trade surplus fell to $13.7 billion from $15 billion in the previous month and $13.9 billion in June of 2012. This is due to a higher increase in imports than that of shipments.
Friday August 09 2013
Bank of Russia Keeps Monetary Policy Unchanged in August  
In its August 9th meeting, the Bank of Russia left its benchmark interest rate unchanged at 8.25 percent for a eleventh month in a row. The committee warned of risks to economic growth and predicted that inflation would return to its target range during the second half of the year.
Monday August 05 2013
Russian Inflation Rate Down to 6.5% in July  
In July of 2013, Russian annual inflation rate slowed for the second month in a row to 6.5 percent, from 6.9 percent in June, as food prices eased. From June to July, prices accelerated to 0.8 percent, from 0.4 percent recorded in the previous month.
Wednesday July 17 2013
Russian Unemployment Rate Up to 5.4% in June  
In June, Russia's unemployment was up to 5.4 percent from 5.2 percent in May but was unchanged when compared with June of 2012. The number of unemployed increased to 4.10 million people from 3.90 million in the previous month.
Friday July 12 2013
Bank of Russia Leaves Key Policy Rates Unchanged in July  
In its July meeting, the Bank of Russia left its benchmark interest rate unchanged at 8.25 percent for a eleventh month. The Bank also introduced auctions for loans secured against non-market assets and guarantees. The decision was supported by the assessment of inflation risks and low economic growth prospects.
Thursday July 04 2013
Russian Inflation Rate Down to 6-Month Low in June  
In June of 2013, Russian annual inflation rate eased to 6.9 percent from 7.4 percent in May due to lower food prices. On the month-over-month basis, inflation rate went up by 0.4 percent, down from 0.7 percent in the previous month.
Thursday July 11 2013
Russian Trade Surplus Narrows in May  
Russia's trade surplus fell 13.3 percent year-on-year to $15 billion in May but was up from $14.23 billion in the previous month. Both exports and imports were down compared to May of 2012.
Monday July 01 2013
Russian Economy Contracts 0.1% QoQ in Q1  
In Q1 of 2013, seasonally adjusted Russian GDP fell 0.1 percent quarter-on-quarter, down from an expansion of 0.6 percent in Q4 of 2012. This contraction reflects a sharp drop in investment and a deterioration in external trade.
Monday June 24 2013
Russia Unemployment Rate Down to 5.2% in May  
In May, Russia unemployment rate was recorded at 5.2 percent, down 0.4 percentage points from 5.6 percent reported in April, and 0.2 percentage points from 5.4 percent in May 2012. In the same period, the number of unemployed decreased to 3.90 million from 4.18 million in April and from 3.99 million in May of 2012.
Monday June 17 2013
Russia GDP Growth Confirmed at 1.6% YoY in Q1  
Russian economy grew by 1.6 percent yoy in the first quarter of 2013, the lowest expansion since the fourth quarter of 2009, the Federal Statistics Office confirmed on June 17th. The slowdown was mostly caused by a decline in the mining sector, while services recorded a solid growth.
Monday June 10 2013
Russia's Trade Surplus Narrows in April  
Russia's trade surplus fell to $14.2 billion in April from $16.1 billion the previous month as exports declined slightly and imports increased.
Monday June 10 2013
Russia Keeps Key Policy Rates Unchanged in June  
The Bank of Russia left its main interest rates unchanged for a tenth month and eased the cost of some term lending to banks to bolster liquidity in the interbank system.
Tuesday June 04 2013
Russia’s Annual Inflation Rate Accelerates to 7.4% in May  
Russia´s consumer prices quickened to 7.4 percent in May from 7.2 percent registered in the previous month, the fastest pace since August of 2011. The increase was driven mostly by rises in the cost of services and food. On the month-over-month basis, inflation rate went up by 0.7 percent after rising 0.5 percent in the previous period.
Monday August 19 2013
Russian Economy May Slow Further in 2013  
Russia's economic growth has been anemic since the first quarter of 2012. Dependence on oil exports, weak environment for investments, aging population and corruption are making the economy unlikely to gain momentum any time soon.
Friday May 24 2013
Russia Unemployment Rate Down To 5.6% In April  
In April, Russia unemployment rate was recorded at 5.6 percent, down 0.1 percentage points from 5.7 percent reported in March. In the same period, the number of unemployed decreased to 4.18 million from 4.25 million in March of 2013 and from 4.20 million in April of 2012.
Tuesday May 21 2013
Russia Economy Expands 1.6% YoY in Q1  
In the first quarter of 2013, Russia´s GDP grew 1.6 percent yoy, the smallest expansion since the fourth quarter of 2009, hurt by lower demand for commodity exports and drop in investment.
Monday May 20 2013
Bank Of Russia Maintains Benchmark Interest Rate Unchanged  
On May 15th, the Board of Directors of the Bank of Russia decided to maintain unchanged the refinancing rate and the interest rates on the Bank of Russia main liquidity provision and absorption operations and to reduce effective from 16 May 2013 the interest rates on certain longer-term operations by 0.25 percentage points.
Tuesday May 07 2013
Russia Inflation Rate Up to 7.2% In April  
Russia's annual inflation rate went up to 7.2 percent in April from 7.0 percent recorded in the previous month. The consumer price index rose by 0.5 percent month-on-month in April after rising 0.3 percent in the previous period, according to a release from the Federal Statistics Service.
Wednesday April 17 2013
Russia Unemployment Rate Down to 5.7% in March  
Russia unemployment rate was reported at 5.7 percent of the economically active population according to a report by the Rosstat. The unemployment rate decreased 0.1 percentage points in March of 2013 from 5.8 percent in February and decreased 0.8 percentage points from 6.5 percent a year earlier.
Wednesday April 10 2013
Russia Trade Surplus Narrows in February  
In February of 2013, the Russian trade surplus fell to $13.74 billion from $17.74 billion in January of 2012 according to a release from the Central Bank of Russia.
Thursday April 04 2013
Russia Inflation Rate Down to 7.0% in March  
Russia's Annual inflation slowed to 7.0 percent in March from 7.3 percent in the previous month. The consumer price index rose by 0.3 percent month-on-month in March after rising 0.6 percent in the previous period, according to a release from the Federal Statistics Service.
Tuesday April 02 2013
Russia Economic Growth Slows Down in Q4  
Russia's gross domestic product expanded 1.8 percent on the quarter, down from 2.7 percent for the same period of 2011. Year-on-year, GDP rose 2.1 percent, slowing from an upwardly revised 3 percent in the third quarter, according to the Federal Statistics Service.
Tuesday April 02 2013
Bank of Russia Keeps Benchmark Rate Unchanged, Long-Term Rates Cut  
The Board of Directors of the Bank of Russia decided to maintain unchanged the refinancing rate and the interest rates on the Bank of Russia main liquidity provision and absorption operations and to reduce the interest rates on certain longer-term refinancing operations by 0.25 percentage points.
Wednesday March 20 2013
Russia Unemployment Rate Down to 5.8 Percent in February  
Russia unemployment rate was reported at 5.8 percent of the economically active population according to a report by the Rosstat. Russia's unemployment rate decreased 0.2 percentage points in February of 2013 from 6.0 in January of 2013 and decreased 0.7 percentage points from 6.5 percent in February of 2012.
Friday March 15 2013
Russia Central Bank Leaves All Policy Rates Unchanged  
According to the Bank of Russia External and Public Relations Department, the Board of Directors of the Bank of Russia decided to maintain the refinancing rate and the interest rates on the Bank of Russia operations unchanged in March of 2013. The decision was supported by the assessment of inflation risks and economic growth prospects.
Friday May 24 2013
Russia's Economy Showing Signs of Slowdown  
Recent updates for Russia indicate the economy is cooling down. In the first quarter of 2013, the GDP grew 1.6 percent yoy, the smallest expansion since the fourth quarter of 2009, hurt by lower demand for commodity exports and drop in investment.
Tuesday March 05 2013
Russia Trade Surplus Widens in January  
In January of 2013, the Russian trade surplus rose to $18.69 billion from $17.13 billion in December of 2012 according to a release from the Central Bank of Russia.
Tuesday March 05 2013
Russia Inflation Rate Rises to 7.3 Percent in February  
Russian inflation rate rose to 7.3 percent year-on-year in February of 2013, up from 7.1 percent in January of 2013. In monthly terms, prices rose 0.6 percent according to a release from the National Statistics Institute.
Tuesday February 19 2013
Russia Unemployment Rate Up to 6.0 Percent in January  
Russia unemployment rate was reported at 6.0 percent of the economically active population according to a report by the Rosstat.
Tuesday February 12 2013
Russia Interest Rate Unchanged in February  
According to the Bank of Russia External and Public Relations Department, the Board of Directors of the Bank of Russia decided to maintain the refinancing rate and the interest rates on the Bank of Russia operations unchanged in February of 2013
Tuesday February 12 2013
Russia Trade Surplus Widens in December  
Russia December of 2012 trade surplus rose to $17.1 billion from $15.36 billion in November according to a release from the Central Bank of Russia.
Tuesday February 05 2013
Russia Inflation Rate Up to 7.1 Percent in January  
Russian inflation rate rose to 7.1 percent year-on-year in January of 2013, up from 6.6 percent in December of 2012. In monthly terms, prices rose 1 percent, according to a release from the National Statistics Institute.
Friday January 25 2013
Russia Unemployment Rate Down to 5.3% in December  
Russia unemployment rate was reported at 5.3% of the economically active population according to a report by the Rosstat.
Tuesday January 15 2013
Russia Interest Rate Unchanged in January  
The Bank of Russia External and Public Relations Department informs that on 15 January 2013 the Board of Directors of the Bank of Russia Decided to Maintain the refinancing rate and the Interest rates on the Bank of Russia Operations unchanged.
Monday January 14 2013
Russia Inflation Rate at 6.6 Percent in December  
Russian inflation rate rose to 6.6 percent year-on-year in December, up from 6.5 percent in November. In monthly terms, prices rose 0.5 percent.
Wednesday December 19 2012
Russia Unemployment Rate Up to 5.4% in November  
Russia unemployment rate was reported at 5.4% of the economically active population according to a report by the Rosstat
Thursday December 13 2012
Russia Trade Surplus Narrows in October  
According to the numbers published by the Central Bank of Russia, the trade balance (set at $14.5 billion) decreased by 15.4% when compared with September and by 12.5% when compared with October 2011.
Tuesday December 11 2012
Russa's GDP Growth Slows Down in Q3  
Russia's gross domestic product growth slowed to 2.9% on year compared with a 5% growth seen in the same period a year ago. Quarter-on-quarter, GDP grew 0.6 in the three months from July to end-September, down from 1.8% for the same period of 2011.
Tuesday December 11 2012
Russia Inflation Rate at 6.5% in November  
Russia's consumer prices rose 6.5 percent year-on-year in November, unchanged from October. In monthly terms, prices rose 0.3 percent.
Tuesday December 11 2012
Russia's Central Bank Narrows Interest Rate Corridor  
On 10 December 2012, the Board of Directors of the Bank of Russia raised the interest rates on the fixed-term deposit operations by 0.25 percentage points, reduce the interest rate on the rouble leg of the Bank of Russia FX swap transactions by 0.25 percentage points and maintain the refinancing rate and the interest rates on the other Bank of Russia operations unchanged.
Tuesday December 11 2012
Russia Unemployment Rate up to 5.3% in October  
Russia's unemployment rate increased slightly in October from a record-low of 5.2 percent recorded in September of 2012.
Thursday November 17 2011
Russian GDP Up 4.8% in Q3  
Russia's GDP grew 4.8 percent in the third quarter this year, the state statistics agency Rosstat said on November 14th.
Monday May 16 2011
Russian Economic Growth Slows  
Russia's gross domestic product (GDP) has grown 4.1 percent year-on-year in the first quarter of 2011, the Federal Statistics Service (Rosstat) said on May 16.
Saturday November 13 2010
Russia Q3 GDP Growth Pace Lags Other Emerging Economies  
Russia's gross domestic product (GDP) growth slowed to 2.7% in the third quarter, setting the country further apart from other major emerging economies.
Saturday May 15 2010
Russia's Economy Remains Vulnerable  
Highly dependent on oil prices, Russia was extremely vulnerable during the recent global economic downturn.  In fact, the Russian Federation went through its worst recession in 15 years, shrinking almost 8% in 2009. Yet, the recent surge in energy price, various stimulus programs and low interest rates made Russia grew 2.9% in the first quarter of 2010. But will Russia be able to sustain this expansion in the long run?
Monday February 01 2010
Russia Suffered Record Contraction in 2009  
Russia’s economy shrank the most on record in 2009 after the price of oil slumped 77 percent from peak to trough and left businesses to start the year trying to adjust to smaller profits as banks cut off credit.
Thursday November 12 2009
Russian Economic Decline Eased Last Quarter  
Russia’s economic decline eased last quarter from a record slump in the previous three months as oil, gas and metals prices rebounded and stimulus measures helped offset the impact of the global recession.
Tuesday October 20 2009
Russian Economy Exited Recession in Q3  
Russia emerged from recession last quarter, after the world’s largest energy exporter benefited from a resurgence in commodity demand that helped lift industrial output.
Tuesday August 11 2009
Russia GDP Shrank 10.9% in Q2  
Russia’s economy contracted the most on record last quarter as rising unemployment sapped consumer demand, bank lending stalled and the government failed to approve a stimulus package until just two months ago.
Wednesday June 17 2009
Russian Government Is Not Without blame for the Recession  
The Russian economy contracted by 9.8% yoy in the first three months of 2009, after a 1.2% GDP yoy growth in the last quarter of 2008. And although in May the pace of decline seemed to be slowing down, at Trading Economics we don’t expect Russia’s GDP to be back into positive territory any time soon.
Thursday June 11 2009
Russian GDP Shrank 9.8% in Q1  
Russia’s economy contracted the most in 15 years in the first quarter after industrial production plunged and the government’s 3 trillion rubles ($97 billion) in stimulus spending failed to boost companies and banks.
Monday May 18 2009
Russian Government Is Not Without blame for the Recession  
The Russian economy contracted by 9.5% yoy in the first three months of 2009, after a 1.2% GDP yoy growth in the last quarter of 2008. What is behind this unprecedented drop? Could Russia have been better prepared for the downturn?
Friday May 15 2009
Russian Economy Contracted 23% in First Quarter  
Russia’s economic output plummeted 23 percent in the first quarter from the previous three months as industrial production plunged and the government’s 3 trillion- ruble ($93.5 billion) stimulus package failed to boost lending.
Wednesday February 11 2009
Russian Government Policy May Not be Right  
The global financial crisis has triggered a sudden drop in commodity prices and the once "untouched" Russian economy is now in the brink of a severe recession. Could Russia have been better prepared for the downturn? If yes, what measures could have been taken to soften the economic deterioration?
Saturday November 29 2008
Is Russia on the Brink of Collapse?  
Not a long time ago, with flowing foreign investments and rising oil prices, Russia’s economic growth outlook was startling. Yet, it didn't last that long. The global economic crisis which leads to a sharp drop in commodity prices is now endangering Russia’s ambition to become an economic power.
Tuesday November 04 2008
Crude Oil Rebounds  
Crude oil rose, recovering earlier losses, as global stock indexes advanced on better-than-expected company results.
Monday October 06 2008
Russian Inflation Rate Unchanged at 15% in September  
Russia's inflation rate was unchanged at 15 percent in September as vegetable and fuel prices decreased and meat prices rose, the Federal Statistics Service said.
Wednesday September 17 2008
Ruble Gains on Bank Loan  
Russia's ruble gained for a second day against the dollar-euro basket after the Finance Ministry said it will offer banks a loan to boost liquidity and on speculation the central bank was selling reserves to prop up the currency amid falls on the equity market.
Wednesday September 17 2008
Russian Emergency Funding Fails to Halt Stock Rout  
Russia poured $44 billion into its three biggest banks and halted stock trading for a second day in a bid to halt the biggest financial crisis since its devaluation and debt default a decade ago.
Tuesday September 16 2008
Russia's Micex Index Falls Most Ever  
Russia's Micex Index fell the most since Bloomberg began tracking the measure in May 2001, losing 14 percent, after the cost of borrowing in dollars overnight more than doubled and as oil prices tumbled.
Thursday August 28 2008
Ruble Set for Largest Monthly Drop  
The ruble is set for its biggest monthly decline against the dollar-euro basket since its introduction in 2005 as rising tensions with the U.S. and European Union prompt investors to reduce holdings of Russian assets.
Tuesday August 26 2008
Russia's Ruble Drops  
Russia's ruble weakened against its dollar-euro basket as the country's stock market fell after Prime Minister Vladimir Putin's said Russia may pull out of its bid to join the World Trade Organization.
Monday August 25 2008
Russian Stocks Fall to Lowest Since 2006  
Russian stocks fell to the lowest since 2006 on concern the recognition of two breakaway Georgian regions will renew tensions in the area, while lower oil prices may curb the earnings of energy companies.
Monday August 25 2008
Russia's July Unemployment Rate Falls  
Russia's unemployment rate fell in July to a record-low 5.8 percent as economic growth fuels the need for new workers.
Monday August 25 2008
Russia GDP Growth at 8.5% in Q1  
Russia's economy expanded an annual 8.5 percent in the first quarter, higher than previously estimated, as consumer demand fueled a continuing investment boom.
Monday August 25 2008
Russia's Inflation Rate Declined to 14.7% in July  
Russia's July inflation rate fell more than economists forecast to 14.7 percent as fruit and vegetable costs declined.
Monday August 25 2008
Russia Raises Rates for Fourth Time to Stem Inflation  
Russia's central bank raised its benchmark interest rates by a quarter of a percentage point for the fourth time this year to subdue inflation.
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Japan Trade Deficit Narrows More than Expected  
The trade gap in Japan decreased to JPY 943 billion in January of 2018 from JPY 1092 billion a year earlier and below market expectations of JPY 1002 billion. Exports jumped 12.2 percent year-on-year, beating forecasts of a 10.3 percent rise and marking the 14th straight month of gains. Imports rose at a slower 7.9 percent, below expectations of an 8.3 percent gain but reaching the highest value in 3 years.
Saturday February 17 2018
Week Ahead  
Next week, the Federal Reserve, the ECB and the RBA will be publishing the minutes of last monetary policy meetings. Other important releases include: US existing home sales; UK second estimate of GDP growth, unemployment and wages; Japan inflation and trade balance; Australia wages; and flash PMIs for the US, Eurozone and Japan.
Friday February 16 2018
US Consumer Sentiment Remains Strong  
The University of Michigan's consumer sentiment for the United States increased to 99.9 in February of 2018, above 95.7 in January and better than market expectations of 95.5. It is the second strongest reading since 2004, preliminary estimates showed. Both current economic conditions and future expectations improved despite lower and much more volatile stock prices.
Friday February 16 2018
US Housing Starts Highest Since 2016  
Housing starts in the US jumped 9.7 percent month-over-month to an annualized rate of 1,326 thousand in January of 2018, following a downwardly revised 6.9 percent fall in December and beating market expectations of a 3.4 percent rise. It is the highest rate since October of 2016.
Thursday February 15 2018
US Industrial Output Falls Unexpectedly in January  
US industrial production fell unexpectedly by 0.1 percent month-over-month in January 2018, following a downwardly revised 0.4 percent increase in December and missing market expectations of a 0.2 percent gain.
Thursday February 15 2018
US Initial Claims Rise to 230K as Expected  
The number of Americans filing for unemployment benefits increased by 7 thousand to 230 thousand in the week ended February 10th 2018 from an upwardly revised 223 thousand in the previous week, in line with market expectations. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal.
Thursday February 15 2018
Indonesia Keeps Monetary Policy Steady  
The central bank of Indonesia left its benchmark repo rate unchanged at 4.25 percent for the fifth straight meeting on February 15th 2018, in line with market expectations. Policymakers said the current policy stance is sufficient to maintain macroeconomic and financial stability and support the domestic economic recovery. The lending and the deposit facility rates were also left steady at 5 percent and 3.5 percent respectively.
Thursday February 15 2018
Irish Inflation Rate Eases to 0.2% in January  
Consumer prices in Ireland advanced 0.2 percent year-on-year in January of 2018, slowing from a 0.4 percent rise in the prior month. Prices slowed mainly for restaurant and hotels while fell further for food and non-alcoholic beverages.
Thursday February 15 2018
Irish Trade Surplus Widens in December as Exports Rise  
Irish trade surplus widened to EUR 3.39 billion in December 2017 from EUR 2.84 billion in the same month of the previous year.
Thursday February 15 2018
Eurozone December Trade Surplus Smaller than Expected  
The Euro Area trade surplus narrowed to EUR 25.4 billion in December 2017 from EUR 27.6 billion in the same month of the previous year, missing market expectations of EUR 30.2 billion.
Thursday February 15 2018
Italy December Trade Surplus Narrows Less than Expected  
Italy's trade surplus narrowed to EUR 5.25 billion in December 2017 from EUR 5.69 billion in the same month of the previous year, still above market expectations of EUR 4.44 billion.
Thursday February 15 2018
Spain January Inflation Rate Revised Up to 0.6%  
Spain's consumer price inflation came in at 0.6 percent year-on-year in January 2018, slightly above market expectations of 0.5 percent and compared with the previous month's figure of 1.1 percent. Still, it was the lowest inflation rate since September 2016.
Thursday February 15 2018
French Q4 Jobless Rate Falls to Near 9-Year Low  
The unemployment rate in France dropped to 8.9 percent in the three months to December of 2017 from 9.6 percent in the previous period. It was the lowest jobless rate since the first quarter of 2009. Meantime, the employment rate increased by 0.6 percentage points to 65.7 percent, its highest level since early 1980s; while the activity rate edged up to 72.0 percent from 71.9 percent in Q3.
Thursday February 15 2018
Turkish Jobless Rate Falls to 10.3% in November  
The Turkish jobless rate fell to 10.3 percent in November 2017 from 12.1 percent in the same month of the previous year, as the number of unemployed declined by 440 thousand to 3.275 million.
Thursday February 15 2018
India Wholesale Inflation at 6-Month Low of 2.84%  
Wholesale prices in India rose by 2.84 percent year-on-year in January of 2018, after a 3.58 percent increase in the prior month and below market estimates of a 3.25 percent gain. It was the lowest wholesale inflation since July 2017, mainly due to softer rises in cost of food and fuel.
Thursday February 15 2018
Indonesia Trade Balance Swings to Deficit in January  
Indonesia posted a trade deficit of USD 0.68 billion in January of 2018, swinging from a USD 1.43 billion surplus a year earlier and missing market estimates of a USD 0.19 billion surplus. It was the second straight month of trade gap, mainly due to a surge in imports.
Thursday February 15 2018
Australia Jobless Rate Edges Down to 5.5% in January  
Australia's seasonally adjusted unemployment rate fell slightly to 5.5 percent in January of 2018 from an upwardly revised 5.6 percent in the preceding month and in line with market consensus. The economy added 16,000 jobs while the number of unemployed declined by 7,900.
Wednesday February 14 2018
Ghana Inflation Rate Lowest Since 2013  
Consumer prices in Ghana increased 10.3 percent year-on-year in January of 2018, easing from a 11.8 percent gain in the previous month. It was the lowest inflation rate since January of 2013, mainly due to a slowdown in food and clothing and footwear prices.
Wednesday February 14 2018
US Retail Sales Post Biggest Drop in 11 Months  
US retail trade fell unexpectedly by 0.3 percent month-over-month in January 2018, after showing no growth in December and below market expectations of a 0.2 percent gain. It was the largest decline in retail trade since February last year.
Wednesday February 14 2018
US Inflation Rate Higher than Expected  
Consumer prices in the United States increased 2.1 percent year-on-year in January of 2018, the same as in December and above market expectations of 1.9 percent. A slowdown in gasoline and electricity prices was offset by higher cost of food and medical care services. The monthly inflation rate went up to 0.5 percent from 0.2 percent amid broad-based cost increases.
Wednesday February 14 2018
Euro Area Industrial Output Annual Growth Highest Since 2011  
Industrial production in the Euro Area went up 5.2 percent year-on-year in December of 2017, above an upwardly revised 3.7 percent rise in November and beating market expectations of a 4.2 percent gain. It is the strongest annual increase in industrial output since August of 2011. On a monthly basis, industrial production went up 0.4 percent, beating forecasts of a 0.2 percent gain.
Wednesday February 14 2018
Eurozone Q4 GDP Growth Confirmed at 0.6%  
The Eurozone's gross domestic product grew by 0.6 percent on quarter in the three months to December of 2017, unrevised from the preliminary estimate and slightly below 0.7 percent in the previous period.
Wednesday February 14 2018
Portugal GDP Grows 0.7% in Q4  
The Portuguese economy advanced 0.7 percent on quarter in the last three months of 2017, above 0.5 percent in the previous period. It is the fastest growth rate in three quarters, mainly boosted by higher exports, preliminary estimates showed.
Wednesday February 14 2018
Nigeria Inflation Rate Lowest in 19 Months  
Consumer prices in Nigeria rose 15.13 percent year-on-year in January of 2018, easing from a 15.37 percent rise in the previous month and slightly above market expectations of 15.05 percent. It was the lowest inflation rate since April 2016 as cost grew less for food and non-alcoholic beverages, clothing and footwear and education.
Wednesday February 14 2018
Italian Q4 GDP Growth Slightly Below Forecasts  
The Italian economy grew by 0.3 percent on quarter in the three months to December of 2017, following a 0.4 percent expansion in the previous period and missing market expectations of 0.4 percent.
Wednesday February 14 2018
Thailand Leaves Monetary Policy Unchanged  
The Bank of Thailand left its benchmark policy rate unchanged at 1.5 percent on February 14th 2018, as expected. While saying the economy would continue to benefit from improvements in exports of goods and services, policymakers projected headline inflation to edge up gradually on the back of the recovery in domestic demand and an increase in oil prices.
Wednesday February 14 2018
Dutch Q4 GDP Growth Stronger than Expected  
The Dutch economy grew by 0.8 percent on quarter in the three months to December of 2017, following a 0.4 percent expansion in the previous period and beating market expectations of 0.6 percent, the preliminary estimate showed.
Wednesday February 14 2018
Sweden Leaves Rates Steady, Cuts Inflation Forecasts  
The central bank of Sweden held its benchmark interest rate at -0.5 percent on February 14th 2018, in line with market expectations, saying the economic activity in Sweden is strong and inflation is close to the 2 percent target. However, inflation forecasts for 2018 were revised down to 1.7 percent from 2 percent. Policymakers also reinforced that slow repo rate rises are set to be initiated during the second half of 2018.
Wednesday February 14 2018
German January Inflation Rate Confirmed at 1.6%  
The German consumer price inflation was confirmed at a three-month low of 1.6 percent year-on-year in January 2018, compared with 1.7 percent in the previous month.
Wednesday February 14 2018
German Q4 GDP Growth Weaker than Expected  
The German economy expanded a seasonally-adjusted 0.6 percent on quarter in the three months to December of 2017, after a downwardly revised 0.7 percent growth in the previous period and below market expectations of 0.8 percent, the preliminary estimate showed.
Wednesday February 14 2018
Malaysia GDP Growth Slows to 5.9% in Q4  
The Malaysian economy advanced 5.9 percent year-on-year in the December quarter of 2017, compared to a 6.2 percent growth in the previous three months and beating market consensus of a 5.7 percent expansion. Private consumption, investment, and exports increased at softer paces while government spending accelerated. For full 2017, the economy grew 5.9 percent, the most in three years.
Wednesday February 14 2018
Singapore Q4 GDP Growth Eases to 3.6%  
The economy of Singapore expanded 3.6 percent year-on-year in the fourth quarter of 2017, slowing down from a 4-year high of 5.5 percent in the previous period but above the preliminary estimate of 3.1 percent. Manufacturing and wholesale & retail trade growth eased while construction continued to contract.
Wednesday February 14 2018
Japan Q4 GDP Growth Slows to 0.1%  
The Japanese economy advanced 0.1 percent on quarter in the three months to December of 2017, following a 0.6 percent expansion in the previous period and slightly below market consensus of a 0.2 percent growth, the preliminary estimate showed. Still, it was the eighth consecutive quarter of expansion and the longest growth streak since 1989.
Tuesday February 13 2018
South Africa’s Jobless Rate Falls to 26.7% in Q4  
South Africa's unemployment rate decreased to 26.7 percent in the fourth quarter of 2017 from 27.7 percent in the previous period. The number of unemployed fell by 330 thousand to 5.88 million and the number of employed declined by 21 thousand to 16.17 million.
Tuesday February 13 2018
UK January Inflation Rate Stronger than Expected  
The rate of inflation across the UK stood at 3 percent in January 2018, unchanged from the previous month and above market expectations of 2.9 percent. Prices of recreation and culture rose further while cost of food and transportation increased at a softer pace.
Monday February 12 2018
US Government Budget Surplus Narrows in January  
The US budget surplus narrowed to USD 49.0 billion in January 2018 from USD 51.2 billion in the same month of the previous year, and compared to market expectations of USD 51.0 billion.
Monday February 12 2018
India Inflation Rate Slows More than Anticipated  
Consumer prices in India increased 5.07 percent year-on-year in January of 2018, below a 17 month high of 5.21 percent in December and market expectations of 5.14 percent. Still, the inflation remained above 4.8 percent for the third month, the level not seen since July of 2016 and above 4 percent medium-term target of the Reserve Bank of India.
Monday February 12 2018
Portuguese Inflation Rate Revised Down to 6-Month Low  
The Portuguese consumer price inflation came in at 1 percent year-on-year in January 2018, below a preliminary reading of 1.1 percent compared with 1.5 percent in the previous month. It was the lowest inflation rate since July last year.
Monday February 12 2018
Swiss Inflation Rate Slows to 0.7% in January  
Swiss consumer price inflation eased to 0.7 percent year-on-year in January 2018 from the previous month's seven-year high of 0.8 percent. The figure came in slightly below market expectations of 0.8 percent, as cost of transportation rose at a softer pace while health prices fell sharply.
Friday February 09 2018
Week Ahead  
In the US, the most important releases will be inflation rate, retail trade, industrial production and the preliminary reading of Michigan consumer sentiment. The UK will also publish inflation and retail sales, while Germany, Italy, Japan and Malaysia will report preliminary figures of GDP growth for the last quarter of 2017 and the Eurozone will release the second estimate of its GDP performance. Australia consumer and business morale, and employment figures will be also in the spotlight.
Friday February 09 2018
Canada Jobless Rate Edges Up to 5.9%  
The unemployment rate in Canada increased to 5.9 percent in January of 2018 from an upwardly revised 5.8 percent in December and market expectations of 5.8 percent. Employment fell by 88,000, the most since January of 2009 as part-time employment declined by 137,000 while full-time employment was up by 49,000.
Friday February 09 2018
Russia Trade Surplus Widens 16.5% in December  
Russia's trade surplus widened by 16.5 percent to USD 13.70 billion in December 2017 from USD 11.76 billion in the same month a year earlier, above market expectations of a USD 13 billion surplus.
Friday February 09 2018
Russia Cuts Key Policy Rate to 7.5%  
The Bank of Russia lowered its benchmark one-week repo rate by 25bps to 7.50 percent on February 9th, after a 50bps cut in the previous meeting, saying inflation remains sustainably low. The bank also said it will continue to reduce the key rate, in order to complete the transition from moderately tight to neutral monetary policy in 2018. Annual inflation fell to a new record low of 2.2 percent in January, way below the central bank's 4 percent target.
Friday February 09 2018
UK Posts Largest Trade Deficit in 15 Months  
The UK’s deficit on trade in goods and services widened by GBP 1.2 billion to GBP 4.896 billion in December 2017 from an upwardly revised GBP 3.652 billion in the previous month and way above market expectations of GBP 2.4 billion. It was the largest trade deficit since September 2016.
Friday February 09 2018
Swiss Jobless Rate Stays at 8-Month High of 3.3%  
Swiss unadjusted unemployment rate came in at 3.3 percent in January of 2018, the same as in the prior month but slightly below market consensus of 3.4 percent. It remained the highest jobless rate since April 2017.
Friday February 09 2018
Philippines Trade Deficit Widens Sharply in December  
The Philippines posted a trade deficit of USD 4.02 billion in December of 2017, compared to a USD 2.47 billion gap in the same month a year earlier, as imports surged while exports declined.
Friday February 09 2018
China Inflation Rate at 6-Month Low of 1.5% in January  
China's consumer prices rose by 1.5 percent year-on-year in January of 2018, after a 1.8 percent rise in the prior month and matching market consensus. It was the lowest inflation rate since July 2017 as cost of non-food grew at a slower pace and cost of food fell further.
Thursday February 08 2018
Mexico Inflation Rate Hits 10-Month Low in January  
The annual inflation rate in Mexico eased to 5.55 percent in January of 2018, from a 16-1/2-year high of 6.77 percent in December and slightly above market consensus of 5.51 percent. This is the lowest inflation rate since March last year as cost grew less for energy, housing, food and education.
Thursday February 08 2018
US Jobless Claims Beat Forecasts  
The number of Americans filing for unemployment benefits dropped by 9 thousand to 221 thousand in the week ended February 3rd 2018, well below market expectations of 232 thousand. It is the lowest value in three weeks. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal.
Thursday February 08 2018
BoE Set to Hike Rates Earlier than Expected  
The Bank of England voted unanimously to keep the Bank Rate at 0.5 percent on February 8th as widely expected, saying that inflation is expected to remain around 3 percent in the short term, reflecting recent higher oil prices. The bank also warned that interest rates may rise sooner than anticipated, as the economy will expand faster than expected over the next couple of years lifting inflation above 2 percent target.
Thursday February 08 2018
Tanzania Inflation Rate Steady at 4.0% in January  
Consumer prices in Tanzania advanced 4.0 percent year-on-year in January of 2018, unchanged from the previous month. The inflation rate stood at its lowest level since January of 2015, mainly due to a slowdown in housing and utilities prices.
Thursday February 08 2018
Brazil Inflation Rate Below Expectations  
Consumer prices in Brazil increased 2.86 percent year-on-year in January of 2018, easing from a 2.95 percent rise in December and below market expectations of 2.98 percent.
Thursday February 08 2018
Greek Jobless Rate Unchanged at 20.9% in November  
The Greek seasonally adjusted unemployment rate stood at 20.9 percent in November 2017, unchanged from an upwardly revised figure in October. Unemployment has fallen since the jobless rate hit a high of 27.9 percent in September 2013, but remains the highest in the Eurozone.
Thursday February 08 2018
Philippines Holds Policy Interest Rate at 3%  
The Philippine central bank held its benchmark interest rate at 3.0 percent on February 8th, 2018, as widely expected, saying that inflation expectations continue to be anchored within the inflation target band over the policy horizon. Meanwhile, the bank raised its 2018 inflation forecast to 4.3 percent from 3.4 percent previously estimated, due to rising global oil prices. The projection for 2019 was also increased to 3.5 percent from 3.2 percent.
Thursday February 08 2018
German Trade Surplus Narrows Slightly in December  
The German trade surplus fell slightly to EUR 18.2 billion in December 2017 from EUR 18.3 billion in the same month a year earlier.
Thursday February 08 2018
China January Trade Surplus Smaller than Expected  
China's trade surplus narrowed sharply to USD 20.34 billion in January 2018 from USD 50.21 billion in the same month a year earlier and way below market consensus of USD 54.1 billion. It was the smallest trade surplus since a rare deficit in February 2017, mainly due to a jump in imports.
Wednesday February 07 2018
Brazil Slashes Key Rate Further  
The Central Bank of Brazil cut its key Selic rate by 25 basis points to 6.75 percent on 7 February 2018 following a 50-bps slash on 6 December2017. The cut, widely anticipated and unanimous, was the eleventh straight, bringing borrowing costs to the lowest in modern history amid below-target inflation and a gradually improving economy.
Thursday February 08 2018
New Zealand Keeps Interest Rate at 1.75%  
The Reserve Bank of New Zealand kept its official cash rate unchanged at record low of 1.75 percent on 7 February 2018, as widely expected. The central bank last moved the key rate in November of 2016. Policymakers underscored that global economic growth has continued to improve. In addition, although recognizing that inflation remains subdued, the policy statement now highlighted some signs of emerging pressures, namely: an increase in commodity prices; strong equity markets; and less stimulatory monetary policy.
Wednesday February 07 2018
New Zealand Jobless Rate at 9-Year Low in Q4  
New Zealand's unemployment rate edged down to 4.5 percent in the fourth quarter of 2017 from 4.6 percent in the previous period, below market expectations of 4.6 percent. It was the fourth straight decline and the lowest jobless rate since the last quarter of 2008.
Wednesday February 07 2018
Russia Inflation Rate Falls to New Record Low  
Russia's consumer price inflation dropped to 2.2 percent year-on-year in January 2018 from 2.5 percent in the previous month and below market expectations of 2.3 percent. It was the lowest inflation rate since the series began in 1991, well below the central bank's target of 4 percent.
Wednesday February 07 2018
French Trade Gap at 1-1/2-Year Low in December  
The trade deficit in France decreased to EUR 3.47 billion in December of 2017 from a downwardly revised EUR 5.62 billion in November and compared with market consensus of a EUR 4.9 billion shortfall. Exports went up much more than imports and reached a record high value amid rising Airbus sales to Malaysia, India, Singapore, China, South Korea and Thailand. For 2017, the trade gap widened to EUR 62.3 billion from EUR 48.3 billion in 2016, the highest level since 2012.
Wednesday February 07 2018
India Keeps Rates Unchanged  
The Reserve Bank of India kept its benchmark interest rate steady at 6 percent on February 7th 2018, matching market expectations. Policymakers reinforced the decision is consistent with a neutral stance of monetary policy aiming to reach the medium-term inflation target of 4 percent +/- 2 percent, while supporting growth. The central bank raised inflation forecasts to 5.1 percent for Q4 of the current fiscal year (January to March 2018) from 4.3-4.7 percent and GVA growth expectations were lowered to 6.6 percent for 2017-2018 from 6.7 percent. The reverse repo rate was also left on hold at 5.75 percent and the marginal standing facility rate and the Bank Rate at 6.25 percent.
Wednesday February 07 2018
Malaysia Trade Surplus Smallest in 7 Months  
Malaysia's trade surplus narrowed to MYR 7.3 billion in December of 2017 from MYR 9 billion in the same month of the prior year and below market estimates of a MYR 9.7 billion surplus. It was the smallest trade surplus since May, as exports rose less than imports.
Tuesday February 06 2018
US Trade Gap at 9-Year High  
The US recorded a USD 53.1 billion trade deficit in December of 2017, following a downwardly revised 50.4 billion gap in November and compared to market expectations of a USD 52 billion shortfall. It is the highest trade gap since October of 2008 as imports reached a new high mainly due to purchases of consumer goods, pharmaceuticals, cell phones and passenger cars. Exports also touched a fresh record high although rose at a slower pace than imports.
Tuesday February 06 2018
Canada December Trade Gap Larger Than Expected  
Canada's merchandise trade deficit with the world totaled CAD 3.2 billion in December, widening from a CAD 2.7 billion deficit in November while markets were expecting a CAD 2.2 billion shortfall. Imports rose 1.5 percent, underpinned by higher purchases of energy products and industrial machinery, equipment and parts. Meantime, exports were up 0.6 percent, driven by sales of energy products and metal and non-metallic mineral products.
Tuesday February 06 2018
Australia Keeps Cash Rate Steady in February  
The Reserve Bank of Australia held the cash rate unchanged at a record low of 1.5 percent at its February 2018 meeting, as widely expected. Policymakers said the Australian economy is expected to advance at a bit above 3 percent over the next couple of years supported by positive business conditions and improving outlook of non-mining investment while inflation is likely to remain low for some time.
Tuesday February 06 2018
Philippines Inflation Rate at Over 3-Year High of 4%  
Consumer prices in the Philippines increased 4 percent year-on-year in January of 2018, accelerating from a 3.3 percent rise in previous month and above market expectations of a 3.5 percent gain. It was the highest inflation rate since October 2014, as cost of food and transport surged while cost of housing continued to increase.
Tuesday February 06 2018
Australia Posts Largest Trade Gap in 16 Months  
Australia's trade balance posted a AUD 1.36 billion deficit in December 2017, compared with a AUD 4.41 billion surplus a year earlier and missing market expectations of a AUD 0.2 billion surplus. It was the biggest trade gap since August 2016, mainly due to a jump in imports.
Monday February 05 2018
US Services Sector Growth Highest Since 2005: ISM  
The ISM Non-Manufacturing PMI index for the United States jumped to 59.9 in January of 2018 from an upwardly revised 56 in December, beating market forecasts of 56.5. The reading pointed to the strongest expansion in the services sector since August of 2005 amid rising production, new orders and employment which was the strongest on record.
Monday February 05 2018
Turkish Inflation Rate at 6-Month Low  
Consumer prices in Turkey increased 10.35 percent year-on-year in January 2018, easing from a 11.92 percent gain in the previous month. It was the lowest inflation rate since July, as prices rose at a slower pace for food and transportation.
Monday February 05 2018
Indonesian Economy Grows the Most in 4 Years  
The Indonesian economy expanded by 5.19 percent year-on-year in the fourth quarter of 2017, following a 5.06 percent growth in the previous period and beating market expectations of 5.12 percent. It was the strongest pace of expansion since the fourth quarter of 2013, mainly driven by fixed investment and private consumption.
Monday February 05 2018
Indonesian Economy Contracts 1.7% in Q4  
Indonesia's gross domestic product shrank 1.70 percent quarter-on-quarter in the three months to December of 2017, after a marginally revised 3.19 percent growth in the previous quarter and in line with market consensus. It was the first quarterly contraction since the first quarter of the year, as private consumption stagnated and net exports contributed negatively.
Friday February 02 2018
Week Ahead  
Next week, the most important data for the US include trade balance, ISM non-manufacturing PMI, JOLTs job openings and consumer credit change. Elsewhere, the Bank of England and the Reserve Bank of Australia will provide an update on their monetary policy. Investors will also be looking for updated worldwide services PMIs; the UK trade balance and industrial output; Germany foreign trade and factory orders; China trade balance, inflation and producer prices; and Australia foreign and retail trade.
Friday February 02 2018
US Consumer Sentiment Revised Sharply Higher  
The University of Michigan's consumer sentiment for the United States was revised sharply higher to 95.7 in January of 2018 from a preliminary of 94.4, beating market expectations of 95. It compares with 95.9 in December. Future expectations increased more than anticipated amid higher confidence in future job security and growth in wages as well as financial assets.
Friday February 02 2018
US Jobless Rate Holds Steady at 17-Year Low  
US unemployment rate stood at a 17-year low of 4.1 percent in January 2018, unchanged from the previous month and in line with market consensus. The number of unemployed increased by 108 thousand to 6.68 million.
Friday February 02 2018
US Jobs Growth Accelerates in January  
Non farm payrolls in the United States increased by 200 thousand in January of 2018, following an upwardly revised 160 thousand in December and beating market expectations of 180 thousand. Employment continued to trend up in construction, food services and drinking places, health care, and manufacturing.
Friday February 02 2018
Italy Inflation Rate Eases to 13-Month Low in January  
Italian consumer prices are expected to increase by 0.8 percent year-on-year in January of 2018, following a 0.9 percent gain in the previous month and in line with market expectations. It is the lowest inflation rate since December of 2016, as prices slowed for food, mostly unprocessed food and transport.
Friday February 02 2018
Chile Holds Policy Rate at 2.5%  
The Central Bank of Chile held its benchmark interest rate at 2.50 percent on February 1st, 2018, as widely expected, saying risks to the economic activity have receded since last meeting and inflation is expected to remain below previous forecasts due to a stronger peso. Chile's inflation for 2017 was 2.3 percent, the lowest in five years and below the bank's target of 3 percent.
Thursday February 01 2018
Brazil Trade Surplus Nearly Flat YoY in January  
Brazil trade surplus was nearly unchanged at USD 2.77 billion in January of 2018 compared to the corresponding month a year ago, coming below market expectations of a USD 3.03 billion surplus as imports and exports grew strongly.
Thursday February 01 2018
US Factory Growth Beats Forecasts in January: ISM  
The Institute for Supply Management’s Manufacturing PMI in the US edged down to 59.1 in January of 2018 from a downwardly revised 59.3 in December, beating market expectations of 58.8. New orders and production maintained high levels of expansion; employment expanded at a slower rate; order backlogs, export orders and imports continued do grow faster. Price increases occurred across all industry sectors.
Thursday February 01 2018
US Factory Growth Confirmed at Near 3-Year High: Markit  
The IHS Markit US Manufacturing PMI was confirmed at 55.5 in January of 2018, the same as in the preliminary estimate and above 55.1 in December. The reading pointed to the strongest expansion in factory activity since March of 2015 as production and new orders grew the most in twelve months; purchasing activity rose at steepest pace since September of 2014 and input price inflation eased.
Thursday February 01 2018
Russian Economy Grows for First Time in 3 Years  
Russia's gross domestic product expanded by 1.5 percent year-on-year in 2017, compared with a 0.2 percent contraction in 2016, a preliminary estimate showed. It was the first year of growth since 2014.
Thursday February 01 2018
US Jobless Claims Unexpectedly Fall in Latest Week  
The number of Americans filing for unemployment benefits dropped by 1 thousand to 230 thousand in the week ended January 27th, from the previous week's downwardly revised level of 231 and compared with market expectations of 238. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal.
Thursday February 01 2018
Kenya Inflation Rate Rises at a Faster Pace  
Consumer prices in Kenya rose 4.8 percent year-on-year in January of 2018, after a 4.5 percent gain in the previous month. Prices advanced at a faster pace after easing for five consecutive months, mostly due to food and housing and utilities.
Thursday February 01 2018
South Korea Trade Surplus Widens in January  
South Korea’s trade surplus increased to USD 3.7 billion in January of 2018 from USD 2.6 billion in the same month of the preceding year, mainly driven by robust exports, preliminary data showed.
Thursday February 01 2018
South Korea Inflation Eases to Lowest Since 2016  
Consumer prices in South Korea increased by 1.0 percent year-on-year in January 2018, following a 1.5 percent rise in the previous month and compared to market expectations of 1.3 percent. It is the lowest inflation rate since August of 2016 as food cost declined for the first time in 2-1/2-years. Figures came well below the Bank of Korea's target of 2 percent.
Wednesday January 31 2018
Fed Leaves Rates Steady  
The Federal Reserve kept its target range for the federal funds rate unchanged at 1.25-1.5 percent on January 31st 2018 but signaled a rate hike in March is on the table. Policymakers said inflation is seen rising this year and economic conditions are expected to evolve in a manner that will warrant further gradual increases in the federal funds rate.
Wednesday January 31 2018
South Africa Trade Surplus Widens in December  
South Africa trade surplus increased to ZAR 15.72 billion in December of 2017 from an upwardly revised ZAR 13.05 billion in the previous month, and above market expectations of a ZAR 10.05 billion surplus. It is the highest trade surplus since May of 2016.
Wednesday January 31 2018
Brazil Unemployment Rate Lowest in 14 Months  
The unemployment rate in Brazil went down to 11.8 percent in the last quarter of 2017 from 12 percent in the three months to November and below market expectations of 11.9 percent. It is the lowest jobless rate since the quarter ended October of 2016. Still, considering full 2017, the average jobless rate was 12.7 percent, above 11.5 percent in 2016 and the highest since the series began.
Wednesday January 31 2018
Euro Area Jobless Rate Unchanged at 8.7%  
The unemployment rate in the Euro Area was steady at 8.7 percent in December of 2017, the same as in November and in line with market expectations. It remains the lowest jobless rate since January 2009.
Wednesday January 31 2018
Eurozone Inflation Rate Slows to 1.3% as Expected  
Eurozone consumer price inflation is expected to decrease to a six-month low of 1.3 percent year-on-year in January 2018 from 1.4 percent in the previous month and in line with market forecasts.
Wednesday January 31 2018
Portuguese Inflation Rate Slows to 5-Month Low  
The Portuguese consumer price inflation is expected to ease to a five-month low of 1.1 percent year-on-year in January 2018 from 1.5 percent in the previous month.
Wednesday January 31 2018
Italy Unemployment Rate Falls to Over 5-Year Low  
Italy's seasonally adjusted unemployment rate edged down to 10.8 percent in December 2017 from a downwardly revised 10.9 percent in the previous month and below market expectations of 10.9 percent. It was the lowest jobless rate since August 2012.
Wednesday January 31 2018
Turkish Trade Deficit Largest in 4 Years  
Turkey's trade deficit jumped by 63.5 percent to USD 9.21 billion in December 2017 from USD 5.63 billion in the same month a year ago. It was the largest trade gap since December 2013.
Wednesday January 31 2018
Spain Inflation Rate Eases to 0.5% in January  
Consumer prices in Spain are expected to increase 0.5 percent year-on-year in January of 2018, slowing from a 1.1% rise in the previous month and below market expectations of 0.9 percent. It is the lowest inflation rate since September of 2017, mainly due to electricity prices.
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