News
Russian cabinet submits gas supplies agreement with China to Duma for ratification
After the project reaches its full capacity, Russian pipeline gas supplies to China will increase by 10 bln cubic meters.
Russia’s budget expenditures on national projects exceed $12 bln as of May 1 – ministry
According to the Ministry of Finance, this is 33.1% of planned budget assignments.
Russian oil and gas budget revenues total $28.9 bln in January-April 2023 — Ministry
Non-oil and gas revenues totaled $72.2 bln and increased by 5% year-on-year in the reporting period.
Russia’s 2023 opening quarter import volume figures higher compared to previous year
"If compared to the first quarter of last year, our overall results are not worse [this year]," Ruslan Davydov said.
Russia boosts greenhouse vegetable production YTD — ministry
Since the start of the year, 517,100 metric tons of vegetables and other crops have been grown in protected ground.
Russia’s registered unemployment rate falls from 0.9% to 0.7% over year
According to Rosstat, the average wage in the Russian Federation in February 2023 is 65,904 rubles.
EU mulls restricting transit of goods through Russia
Measures "targeting vessels that switch off navigation systems" are also being considered.
Russia’s manufacturing PMI falls to 52.6 points in April
An index level greater than 50 points implies a rise in business activity, while a value less than 50 points suggests a slowdown.
Russia to stop publicizing oil and gas production statistics until April 1, 2024
The publication of information is suspended, starting with data for March and the first quarter of 2023.
Rating agency projects Russian banks’ net profit at up to $31.7 bln in 2023
In the first quarter of this year Russian banks already earned a total of 881 bln rubles ($10.7 bln) worth of net profit.