News
Russia’s manufacturing PMI index down to 50.2 points in February
Some firms noted sustained demand conditions in February, while others highlighted a broad stagnation in new orders, S&P Global said.
Russia’s export duty on wheat to be $24.37 per metric ton from March 5
The export duty rate for wheat and meslin (a mixture of wheat and rye) is calculated based on an indicative price of $241.3 per metric ton, for barley - at a price of $204 per metric ton, and for corn - $220.9 per metric ton.
Key rate of 21% necessary for reaching 4% inflation target — Russian Central Bank chief
The regulator projects annual inflation in Russia at 7-8% in 2025.
Russian Finance Ministry proposes simplified tax registration for foreign companies
The bank where the account is opened will send the application to the tax authority electronically, according to the document.
Russia is one of the world's leaders in rare earth metal reserves
"We have them in the north, in Murmansk, and in the Caucasus, in Kabardino-Balkaria, and in the Far East, in the Irkutsk region, in Yakutia and Tyva [republics]," the president noted.
Maximal interest rate on ruble deposits down to 21.06% in mid-February
The rate was at the level of 21.44% in early February and 21.47% in the middle of the last month.
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.
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.
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.
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.