10-May-2024 Friday
Inflation accelerated in early May, which was expected. Annual inflation exceeded 7.8%; it is not clear how to reach the regulator’s target of 4.3-4.8%.
15-March-2024 Friday
The recalculation of monthly inflation for February is again a surprise from the regulator. Hope for March, where rates are seen to slow
16-February-2024 Friday
Inflation in mid-February - the decline turned out to be a bluff; we did not see a sustainable rate. Russian budget spending is staggering
19-January-2024 Friday
The volume of the National Wealth Fund in December decreased sharply, by almost 1.5 trillion. The fund's investments and the Russian budget deficit completely reset the liquid account in €
28-December-2022 Wednesday
The Ministry of Finance of the Russian Federation is counting on the payment of dividends from state-owned companies. The budget deficit must be filled, but this is not the only measure
12-December-2022 Monday
The volume of the NWF increased by 15 billion in November, despite the withdrawal of 488 billion from it in favor of the budget deficit of the Russian Federation and to finance projects