Key Economic Indicators

Key Economic Indicators1

Jan.- Dec. 2020

 Jan. Feb. 2020

 Jan. Feb. 2021

Feb. 2020

Feb. 2021

CPI, %

4,9

2,4

5,4

0,3

0,8

PPI, %

3,6

3,52

1,22

3,52

1,22

Monetary base1, %

25,9

-1,5

-0,7

1,9

1,0

USD/RUB real appreciation, %

-12,2

-1,3

0,4

-3,1

0,3

Real effective exchange rate, %

-14,4

-0,1

-0,8

-1,7

-0,1

 

 

 

Jan.- Dec. 2020

Jan. Feb. 2020

Jan. Feb. 2021

Feb. 2020

Feb. 2021

GDP, Rub. bln.

-3,1

1,62

-2,42

1,62

-2,42

Average price of Urals crude oil, USD/bbl

41,7

58,1

57,6

54,2

60,8

RUB/USD average exchange rate

71,9

62,8

74,3

63,9

74,4

 

 

 

Jan.-Dec. 2020 as % to Jan.-Dec.2019

Jan. 2021 as % to Jan. 2020

Jan. 2021 as % to Dec. 2020

Seasonally adjusted output in the 5 basic sectors

97,3

98,2

70,6

Industrial production

97,1

97,5

78,9

 

 

Federal Budget Execution

2020

Budget Law 2021

Jan. Feb. 20214

Feb. 20214

Revenues

18722

18765

2755

1251

Oil&Gas Revenues

5235

5987

1036

545

Expenditures

22824

21520

3400

1840

Debt service

784

1204

140

63

Balance (+ surplus / - deficit)

-4102

-2755

-645

-589

Primary surplus(+) / deficit(-)

-3318

-1551

-505

-526

Non Oil&Gas Balance

-9337

-8742

-1681

-1134

 

1 Sources: Rosstat, Bank of Russia, Federal Treasury, Ministry of Finance of Russia

2 As on the 1st day of the month.

3 Narrow definiton.

4 Subject to amendments adopted in March 2020

5 Preliminary data

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