... at filling stations increased by another 0.3% (since the beginning of the year, the increase is ~4.6%, slightly above overall inflation of ~4.5%). By July 31, wholesale gasoline prices remained near peak values. The government has already signaled that it does not rule out extending the export limitation after August 31, if there is no significant stabilization of prices in the wholesale and retail segments. Thus, Russia's case illustrates that even one of the largest gasoline exporters is willing to limit external sales to protect domestic ...

Gasoline prices are rising again in Russia. Fuel producers are compensating for their costs at the expense of consumers, while regulators are discussing various measures ... ... subsidies, they compensate for rising costs in retail, where informal restrictions dictate that prices should not grow faster than inflation, especially during elections. After the federal election cycle ended in March 2024, retail fuel prices began rising ...

...,296 rubles per ton, close to the historical record of 76,876 rubles per ton set last autumn during the fuel crisis. Following the wholesale price growth, retail prices also accelerated. In June, weekly gasoline price growth averaged 0.2-0.4% across Russia, while in July it was 0.5-0.6%, according to Rosstat data. By July 22, gasoline prices had increased by 4.7% compared to December 2023, while the official inflation forecast for 2024 was 5.1%. The Ministry of Energy believes that fuel prices in the retail segment remain stable, with no shortage of supply, and that the domestic market is fully supplied with gasoline and diesel fuel, the government reported ...

The increase in the key rate to 21% has created serious challenges for the IPO market in Russia, forcing many companies to postpone their plans to enter the stock exchange. In this article, we will consider how the ... ... may develop depending on the further dynamics of the economic situation: Rate reduction in case of economic stabilization. If inflation begins to slow down and the economic situation stabilizes, the Central Bank may begin to lower the rate. This may give ...

... retail sales and industrial production figures. Retail sales and industrial production in the US are particularly significant, as they could influence expectations regarding... ... Forecast — 4.50%. Investor Recommendation: Significant economic data releases include inflation figures from the UK and Eurozone, as well as the Federal Reserve’s interest... ... Interest Rate Decision for December: Previous — 4.75%, Forecast — 4.75%. 16:00 Russia: Weekly International Reserves: Previous — $614.40 billion. 16:30 United States:...