Eastern Europe / Data

Russia, CEE hike military spending as tensions rise

Clare Nuttall in Bucharest April 25, 2017

Worsening relations between Russia and the West, plus pressure to meet Nato defence spending commitments, push up expenditure in Eastern Europe.

Russian overseas property investment more than halves since 2014

Tranio April 21, 2017

While Russian citizens annually invested over $2bn in 2013-2014, the silent crisis of 2015 caused investments to halve before reaching $870mn last year.

Russia's Sberbank cuts mortgage rate to below 9% for selected developers

bne IntelliNews April 21, 2017

State lender indicates that there will be more than 200 participating companies across Russia.

Moscow’s Watcom shopping index negative trends stabilising, but still underperforming

Ben Aris in Berlin April 21, 2017

Disappointing negative trends in retail in Russia’s capital continued in the first quarter of this year, but have started to stabilise, according to the Watcom shopping index, preceding a recovery later this year.

Russia’s private sector capital outflow in January-March hit $15.4bn

bne IntelliNews April 13, 2017

Private sector capital outflow in the first quarter of 2017 stood at $15.4bn, almost double than in the same period of 2016. The quarter’s figure is already close to the central bank’s $16bn estimate for the full year.

Russia’s current account surplus jumps to $23bn in January-March

bne IntelliNews April 13, 2017

Russia’s balance of payments statistics for the first quarter of 2017 exceeded expectations with the surplus jumping to $22.8bn, according to a central bank data release.

Putin’s popularity untouched by March protests but Medvedev’s sinks

Ben Aris in Berlin April 6, 2017

The popularity of Russian President Vladimir Putin was almost untouched by country-wide anti-corruption protests organised by opposition leader Alexei Navalny on March 26, but those of Prime Minister Medvedev tanked.

IHS Markit upgrades Russia sovereign risk rating to investment grade

Ben Aris in Berlin April 5, 2017

The risk rating agency IHS Markit has upgraded Russia’s sovereign risk to investment grade on the back of growing economic recovery and strong manufacturing and service sector growth.

Russia’s Services PMI ends strongest quarter in years

bne IntelliNews April 5, 2017

Growth of Russia’s service sector continued in March, with the rate of expansion improving slightly from February, finishing the strongest quarter since the end of 2012.

Russia's March manufacturing PMI continues its strongest expansion since 2011

bne IntelliNews April 3, 2017

Russian manufacturing continues its strongest expansion since 2011 and positive sentiment amongst owners reached a 22-month high.

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