Last Month in Brief
Oil prices advanced by 8% in the average last month!!
Latest economic data showed a solid growth of the Russian economy. Russia advanced forecasts for its future economic performance. According to the innovative scenario, annual GDP growth will amount to 6.1% in 2008–2012, 6.7% in 2013–2017, and 6.7% in 2018–2020. Inflation is still [...]
The Central Bank of Russia decreased its discount rate to 10% on June 19, 2007, down from the previous level of 10.5% per annum.
Released economic data again showed that Russian economy continues to grow. However the state’s inflation forecast now seems not as accurate as it was considered before. Inflation risks are on the upside.
The [...]
Released economic data again showed that Russian economy continues to grow. However the state’s inflation forecast now seems not as accurate as it was considered before.
RTS failed to keep near the psychological level of 2000 and dropped considerably last month. RTS, MICEX and MICEX10 crashed down by almost 8% in the average.
Bank of England hiked [...]
Inflation amounted 0,3% in first half of April 2007
According to the Russian Economy Ministry, inflation stood at 0.2% on April 1-9, 2007. The CBR: estimated inflation will amount to 4% for the first four months of 2007, inflation stood at 0.1% in the second week of April and between April 1 and April 16 inflation [...]