News

Russia’s export duty on wheat to be $30.9 per metric ton from February 26
The duty on corn will be 2,301.9 rubles ($25.94) per metric ton.
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Weekly inflation stands at 0.17% in Russia-statistics
Consumer prices in Russia gained 0.47% since early February and 1.71% from the year start.
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Russia’s grain exports expected at up to 57 mln tons this season
According to Oksana Lut, last year’s grain harvest is expected at 130 mln tons.
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Freight turnover of Russian seaports down 1.6% in January to 71.6 mln tons
Meanwhile, 57.3 mln tons of export cargoes were loaded in the period, which is half a percent lower than in the same period in the previous year.
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Russia’s oil and gas revenues up 16.9% in January, non-oil and gas revenues up by 9.3%
The Finance Ministry also noted that the accumulation of additional oil and gas revenues during periods of favorable price conditions and the use of National Wealth Fund resources to cover lost oil and gas revenues in accordance with the fiscal rule ensures the stability of the budget system to fluctuations in the receipt of oil and gas revenues.
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Inflation in Russia exceeds projected value, totals 9.5% in 2024
Inflation rates slowed down slightly over the past two weeks, the official noted.
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Cargo transportation in Russia gained 5.5% in 2024
According to statistics, cargo transportation stood at 1.19 bln metric tons for rail transport, 7 bln metric tons for motor transport and 0.5 bln metric tons for air transport.
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Russian statistical agency estimates GDP growth at 4.1% in 2024
The Russian GDP stood at 200 trillion rubles ($2 trillion) in 2024.
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Russia’s seafood imports from India down 10% annually in 2024
Imports of frozen Whiteleg shrimps, which are the key item of Indian deliveries to Russia, contracted by 10% in physical terms to 18,000 metric tons and by 15% in money terms to $120 mln.
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Putin affirms plans to boost science investment to 2% of GDP insrunace
"We assume that science and its achievements are the fundamental issue for sovereignty and the future of Russia," the head of state stressed.
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