News

Inflation reaches 7.42% in 2023 — Bank of Russia
The price growth rate remains high for a wide range of goods and services for the sixth month in succession, the regulator noted.
Business in Russia
Russia to launch new national project on transportation this summer
It will have to ensure the prioritization of measures, based on the transportation and economic balance, the single core transportation network and the general development plan for the single core transportation network, Andrey Belousov noted.
Business in Russia
Far East, Arctic report 40% growth of visiting travelers — minister
The share of tourist trips to the Arctic districts and to the Far East in the total amount of tourist trips inside Russia grew by 8.6%, Maxim Reshetnikov noted.
Business in Russia
Novatek increases gas production by 0.3% yoy to 82.39 bcm in 2023
The company's liquid hydrocarbon production increased by 3.6% year-on-year in 2023, to 12.37 million tons.
Business in Russia
Russia’s budget expenditures on national projects total 99% as of January 1 — ministry
It is reported that execution of federal budget expenditures on the implementation of national projects as of January 1, 2024, amounted to 2.983 trillion rubles.
Business in Russia
Average maximal interest rate on ruble deposits moves to 14.79% in early January
The Central Bank of Russia said earlier that it would keep an eye on cases when the bank’s interest rate for ruble deposits is more than 2 percentage points higher than the average one for ten monitored banks.
Business in Russia
Annual inflation in Russia reaching 7.44% in early January — economy ministry
The price growth in the consumer market slowed down during the first week of 2024 to 0.26%.
Business in Russia
Russian Finance Ministry to mainly float fixed yield bonds in 2024
The ministry is eyeing an option of offering yuan-denominated OFZ bonds for a long time.
Business in Russia
Unique New Year and Christmas celebration in Russia
Unique New Year and Christmas celebration in Russia.
Events
Russia becomes Europe’s first economy despite 'pressure from all sides,' Putin says
"We have left all of Europe behind in terms of purchasing power parity but as for the per capita indicator, we need to work harder," the Russian leader stressed.
Business in Russia