News

Russian electricity exports forecast to be 10.58 bln kWh by 2042
The share of nuclear power plants is planned to grow from 11.7% in 2023 to 15.3% in 2042.
Aeroflot to launch direct flights to Bali starting September 17
The flights will be performed twice per week.
Trade turnover between Russia, China to hit last year’s high level in 2024
The General Administration of Customs of the People's Republic of China said earlier that the volume of the Sino-Russian trade amounted to $136.67 billion in January-July, having increased by 1.6% year-on-year.
Iran ready to transit Russian gas through its territory — ambassador to Moscow
Jalali specified that Russia ranked first in terms of foreign investment in the country in 2023.
Annual inflation in Russia speeding up to 9.07% over week — Economy Ministry
"In the nonfood segment, price growth rates dropped to 0.09%; the price drop restarts for electrical and domestic appliances and the price hike for imported cars slowed down," the ministry said.
Real effective exchange rate of ruble up 1.8% in July — Central Bank
In July 2024, the real effective ruble rate gained 1.9% against the dollar and increased by 0.8% against the euro against the prior month.
Russian foreign trade surplus up to $8.1 bln in July — Bank of Russia
The foreign trade surplus of Russia surged by $13.6 bln as of the end of January-July 2024 against the like period of the last year and totaled $76.6 bln.
Bank of Russia names conditions for raising key rate to 20% and higher
The Bank of Russia does not aim to stop lending, Deputy Governor of the Bank of Russia Alexey Zabotkin said.
Statistics service preliminary estimates Russian GDP growth in 2Q 2024 at 4%
Lev Denisov noted that industries focused on developing the supply-side economy are growing - the mechanical engineering sector (+17.9%), pharmaceuticals (+7.4%), food industry (+6.1%), woodworking (+6.5%) and others.
Russian airlines boost passenger transportation by 6.4% in 7M 2024 — minister
Air carriers will transport 73.7 mln passengers during the high season, with the increase by 7%, Roman Starovoyt noted.