The fall in the gross domestic product (GDP) of Ukraine in April-June 2020 amounted to 11.4% compared to the same period in 2019, the State Statistics Service said on September 18, confirming its preliminary assessment published in the middle of Augu
The Board of the Central Bank of Russia has resolved to maintain the key interest rate flat at 4.25% in its policy meeting of September 18. The economy is doing well, but geopolitical tensions are rising
In August, Russian industrial production posted a 7.2% y/y decline. August brought the 8M20 dynamic to -4.5% y/y.
With Belarus in uproar a new front in the geopolitical showdown between east and west has been opened. But really it's the people who live next door to Belarus – Ukraine, Poland and Lithuania – that matter the most
Ukraine’s consumer inflation increased to 2.5% year on year in August from 2.4% y/y in the prior month, the State Statistics Service reported on September 9.
Half of Ukrainians (53%) want relations with the Donbas restored and see the local population as victims, according to a poll conducted by KIIS.
Belarus’ hard currency reserves fell by $1.4bn to $7.46bn as of September 1, down some 16% from $8.8bn (including gold) just before the current protests began in early August, according to National Bank of the Republic of Belarus (NBRB).
Total railways cargo turnover in Russia in August 2020 amounted to 108mn tonnes, down by 1% year on year, slowing the pace of decline
Weekly consumer price inflation in Russia for the week of August 31 remained at zero, according to the latest data by the Rosstat statistics bureau.
The seasonally adjusted IHS Markit Russia Services Business Activity Index continued at its high bounce-back level, posting 58.2 in August, only slightly down from 58.5 at the start of the third quarter.
Russia’s manufacturing PMI was back in the black, rising to 51.1 in August from the mild contraction of 48.4 in July and completing the recovery from the index’s total collapse in the second quarter due to the coronacrisis.
The revised fiscal outlook prepared by Russia's Ministry of Economic Development for September might include a notable upward revision of GDP forecasts from the previous 5% recession to a 3.9% recession expected in 2020.
The Russian government has no idea how many state-owned enterprises (SOEs) there are, a new report from the Audit Chamber argues.