In 2016 trust in Putin was 71%, but it has tumbled since then on the back of conflicts with the west and stagnating income levels to just to 31.7% in May, according to state owned pollster VTsIOM.
Russia's industrial output growth in April 2019 jumped to 4.9% year-on-year after 1.2% growth in March, according to the latest data by Rosstat statistics agency. Russia on track to finish the year with 2.3% industrial production growth
Retail trade increased 9.1% y/y in real terms in April, slightly accelerating from 8.9% y/y in March
Russia's GDP growth slowed notably to 0.5% year-on-year in 1Q19, down from the strong 2.7% y/y seen in 4Q18 and 1.9% y/y in 1Q18, according to the preliminary data by Rosstat statistics bureau.
Russia is projected to harvest a solid harvest of wheat of over 77mn tonnes and 38.4mn tonnes of feed grain (corn, sorghum, barley, rye, oats, millet), making a total harvest of 115.4mn tonnes in 2019
The foreign exchange reserves of Belarus increased by $322.7mn, or 4.5% month-on-month, to $7.6bn in April following a 2.1% m/m growth in March, the National Bank of Belarus (NBB) said in a statement on May 4.
Ukraine's international reserves decreased by 0.5% month-on-month to $20.5bn in April following a 2.1% m/m growth in March, the National Bank of Ukraine (NBU).
Russia's services sector posted a notable slowdown in April, as the May 6 report by IHS Markit showed the softest rise in services output since June 2018, while the rate of new business growth slowed down to a ten-month low.
The decline in Russian crude output continued to be driven by the production cuts at integrated oil companies under the OPEC+ agreement. The exception was Gazprom Neft, which increased crude output 3.3% m/m.
Non-resident investment flows into emerging markets equity was up in April to $38bn in April, except Russia which saw $2.8bn of outflows as sanctions fears reappear.
Russian manufacturers registered a moderate improvement in operating conditions in April on the back of growing production and a strong increase in client demand, but activity slowed from March’s strong result.
Bankers warned that bond markets were “flashing red” after nearly a billion dollars left emerging market bonds in the last week, reports BCS Global Markets.
The CBR has been able to build up reserves thanks to the record high current account surplus that topped $115bn in 2018.
The various crises of recent years have caused a consolidation with the result that profits have become increasingly concentrated in the biggest companies and are growing.
The mood of the population in Russia improved in April as approval ratings rose mildly across the board, according to the latest political polls from independent pollster the Levada Center.
There was a wobble last autumn, but since the start of this year business has been cautiously optimistic about how the rest of the year will turn out.
As expected the Central Bank of Russia (CBR) kept rates on hold at 7.75%, but analysts say it will cut them at least once and maybe twice later this year
Russia’s external debt increase slightly in the first quarter, mainly due to the government’s debt to foreigners, Bank of Finland Institute for Economies in Transition (BOFIT) reports.