Portion statistics for July

Yesterday, Rosstat published economic statistics for July. The unemployment rate fell slightly to 5.3% from 5.4% in June, though, "VTB Capital" and the market is expected to increase. More importantly, this index also decreased slightly and adjusted for seasonal factors — up to 5.5% versus 5.6%. Real annual growth in retail sales accelerated by 0.8 percentage points to 4.3%, while turnover improved dynamics as in the food and non-food segments. Annual investment growth in July reached an eight-month high of 2.5%, rebounding after a weak June figure (minus 3.7%). The volume of construction has increased significantly — by

Continue reading Portion statistics for July

Putin signed a law on the establishment of a unified Russian mega-based CB

… it’s much cooler than if Putin sent troops to Syria

 http://andrey-kuprikov.li…ejournal.com/1328892.html 

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Russian President Vladimir Putin signed a law creating a single Russianmegaregulatorat the Central Bank. Also, the controller transmitted powers of the Federal Service for Financial Markets. This is stated onOnlineKremlin.

The objectives of the Central Bank offered include the development of the Russian financial market and to ensure its stability, the functions — implementation of official statistical accounting of direct investment in the country and of the Russian Federation abroad.

The primary objective of monetary policy

Continue reading Putin signed a law on the establishment of a unified Russian mega-based CB

Dialogue on the Central Bank of the Russian Federation at the RBC

A group of deputies of the State Duma unhappy excessive, in their opinion, the independence of the Bank of Russia. A group of deputies of the State Duma unhappy excessive, in their opinion, the independence of the Bank of Russia. Determining the level of the refinancing rate of the currency basket, monetary policy — a mandate to make decisions on such issues, they propose to transfer to the government. And the Bank of Russia will become a source of cheap credit for the development of the national economy. What are the consequences of such a decision?

Continue reading Dialogue on the Central Bank of the Russian Federation at the RBC

Putin signed a law on the establishment of a unified Russian mega-based CB

… it's much cooler than if Putin sent troops to Syria

 http://andrey-kuprikov.li…ejournal.com/1328892.html 

——————————————

Russian President Vladimir Putin signed a law creating a single Russianmegaregulatorat the Central Bank. Also, the controller transmitted powers of the Federal Service for Financial Markets. This is stated onOnlineKremlin.

The objectives of the Central Bank offered include the development of the Russian financial market and to ensure its stability, the functions — implementation of official statistical accounting of direct investment in the country and of the Russian Federation abroad.

The primary objective of monetary policy

Continue reading Putin signed a law on the establishment of a unified Russian mega-based CB

Portion statistics for July

Yesterday, Rosstat published economic statistics for July. The unemployment rate fell slightly to 5.3% from 5.4% in June, though, "VTB Capital" and the market is expected to increase. More importantly, this index also decreased slightly and adjusted for seasonal factors — up to 5.5% versus 5.6%. Real annual growth in retail sales accelerated by 0.8 percentage points to 4.3%, while turnover improved dynamics as in the food and non-food segments. Annual investment growth in July reached an eight-month high of 2.5%, rebounding after a weak June figure (minus 3.7%). The volume of construction has increased significantly — by

Continue reading Portion statistics for July

Dialogue on the Central Bank of the Russian Federation at the RBC

A group of deputies of the State Duma unhappy excessive, in their opinion, the independence of the Bank of Russia. A group of deputies of the State Duma unhappy excessive, in their opinion, the independence of the Bank of Russia. Determining the level of the refinancing rate of the currency basket, monetary policy — a mandate to make decisions on such issues, they propose to transfer to the government. And the Bank of Russia will become a source of cheap credit for the development of the national economy. What are the consequences of such a decision?

Continue reading Dialogue on the Central Bank of the Russian Federation at the RBC

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