Russia seems to be on the way to a much smaller recession than initially expected this year, Bloomberg reported on Wednesday, July 6, citing experts. According to them, the growing oil supplies have weakened the impact of US and EU sanctions. According to the publication, economists from JPMorgan Chase, Citigroup and other major banks are
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Russia Entered Top 3 European Countries With Most Affordable Gas
Russia took the second place in the ranking of countries on the cheapness of gas for the population. Kazakhstan occupied the first place and Belarus took the third, according to the RIA Novosti study. To assess the cost of gas for the population, the RIA Rating experts analyzed its prices in rubles. In addition, the
Visit | Trip Advisory | 13.05.22
Russian Travel Experts Named Most Popular Foreign Destinations Among Country Residents
Analysts of the Tutu.ru travel service named the most popular foreign air destinations among Russians this May, which became known from the results of the study conducted by the online platform’s specialists. According to the data obtained, Yerevan (Armenia), Istanbul (Turkey), and Baku (Azerbaijan) are the most popular among Russian tourists. Their share in the
Insight | Around Russia | 10.09.21
Experts Named Russian Regions With Richest Residents
Moscow and the Moscow region have become the regions where the most millionaires live, RBC reports with reference to a study conducted by analysts of the Centre for Wealth Management and Philanthropy of the ‘Skolkovo’ Moscow School of Management. According to experts, there are about 100 thousand rich people in Moscow and the Moscow region.
Survey: Russians From “Nuclear Families” Earn Much and Have Higher Education
The SuperJob job search service specialists conducted a study and found out how a family affects a person’s future income. It turned out that higher earnings were recorded among those Russians who were brought up in a conjugal family with two or more children. It appeared so that the number of those who were brought
Russians Started Making Bigger Payments for Mortgages
Almost a quarter of mortgage borrowers in Russia increased their monthly loan payments during the pandemic. In particular, half of them began to pay 20-30 per cent more, RIA Novosti reports referring to the results of a study conducted by the Online-Ipoteka mortgage supermarket. “About 23 per cent of mortgage borrowers during the pandemic voluntarily
Russians Told How Much Pocket Money They Give Children
Three-quarters of Russians support the idea of allocating a certain budget for pocket money for their children, RIA Novosti reports, referring to a study conducted by Rosgosstrakh Bank. Most parents consider the optimal amount of pocket money for children to be up to 250 rubles a week. Experts clarify that about 74 per cent of
Experts Analysed Russian Car Market Dynamics in April 2021
In April 2021, the Russian car market showed a record growth of almost 4 times, according to the AUTOSTAT analytical agency’s experts. The mass segment of the market last month accounted for 89.2 per cent of the total sales of new cars or 137.8 thousand cars, which is 290 per cent higher than last year’s
Russian Experts Launched Service With Transaction Turnover Heat Maps
The Federal State Registration Service (Rosreestr) has developed an online service for real estate market analytics which is a heat map of the turnover of transactions, TASS reported. With the help of the new service, you can get information on the number of real estate transactions in the constituent entities of the Russian Federation and
Mortgages Became Most Popular Banking Product Among Russian Youth
The most popular banking product among Russian youth (18-35 years old) in the Q1 of 2021 was a mortgage, TASS reports with reference to a study conducted by Rosselkhozbank. Bank experts explain the growth in demand for mortgages by the preferential programmes launched last year, which prompted many young people to think about buying their
HR Experts Told How Coronavirus Crisis Changed Russian Labour Market
The specialists of the Rabota.ru job search service summed up the changes in the Russian labour market during the crisis provoked by the coronavirus. Experts have found out that in 2021, 47 per cent of Russians plan to change their profession. Russian companies that are faced the high-volume hiring are working to accelerate the adaptation
The Moscow Witch: Market Analysis by Paul Goncharoff
This sunny Thursday morning in Moscow found me in the apartment doing some remote work on the laptop and thinking of restocking my emptying fridge. Inspired, I walked to my nearby farmer’s market. Who do I run into just past the veggies and smoked fish section? The neighborhood “Znakharka”, my “healer-witch-seeress” acquaintance whom I have
Analysts Named Main Trends in Russian Housing Markets
The main trends in the mortgage and construction market of the Russian Federation in 2020 were a decrease in mortgage rates, a record level of refinancing, an increase in the share of loans for new buildings and an active transition of the industry to project financing, according to the Head of the DOM.RF Analytical Centre
