News
Russia's foreign trade surplus rises to $9.1 bln in February from $8.2 bln last year
The current account surplus in February 2024 increased to $5.2 bln compared to $4.5 bln in January 2024.
Russia one top 10 countries for AI use
Deputy Prime Minister Dmitry Chernyshenko noted that the economic effect from the introduction of artificial intelligence technologies was currently estimated at more than 1 trillion rubles ($10.9 bln).
Cargo turnover of Russian seaports down 1% YOY in 2M 2024
The cargo turnover of Russian seaports totaled 139.6 mln metric tons in January - February 2024.
Investments in fixed capital up 8.6% in Q4 2023
Investments totaled 13.75 trillion rubles ($151.5 bln) over the reported period.
Russia plans to create three new special economic zones, expand two existing ones
According to the report, Prime Minister Mikhail Mishustin signed the resolutions on the creation of three new and expansion of two existing special economic zones in Mordovia, Kaluga, Lipetsk, Rostov and Tver regions.
Russia extends suspension of oil statistics publications until April 2025
Russia suspended publications of oil and gas production data from information for March and the first quarter of 2023.
Russia becomes 4th country for agricultural exports with revenues of $43.5 bln
"The volume increased 30-fold - not just some percentage, but export revenues increased 30 times," the president said.
Russia’s lentil exports up 2.4-fold in 2023 to 297,000 tons
According to the report, in value terms lentil exports surged 2.2-fold in the reporting period compared with 2022 to $215 mln.
Russia to cut oil production by 471,000 per day in Q2 2024 — deputy PM
Production cuts in the first quarter of 2024 was 500,000 barrels a day.
Russia's annual GDP growth reached 4.6% in January after 4.4% in December
According to the first estimate of Rosstat, Russia's GDP growth at the end of 2023 reached 3.6%.