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The gain will be
The Bank of Russia expects population income growth.
Inflation has slowed to 3.8%
Annual inflation in October fell to 3.8%, according to Rosstat. Over the month, consumer prices rose 0.1% after falling in August and September. 
Key rate cuts may not be enough to return to target inflation
The Central Bank may take the next step in December. On October 25, the Board of Directors of the Central Bank lowered its key rate by 50 basis points (bp), it became 6.5%, and at the same time lowered its inflation forecast at the end of the year from 4-4.5% to 3.2-3.7%.
Iceland - the demand is small but stable
Experts discuss interest in the expensive Icelandic direction in the Russian market amid a marked decrease in tourist flow from other countries.
Doing business in Russia has become easier

Russia has raised three lines in the new World Bank Group Doing Business ranking. Our country first made its way into the top 30, rising from 31st to 28th place, among 190 countries. The rating assesses the conditions for doing business in the country.

The Ministry of Economic Development announced the forecast for inflation until 2024
The Ministry of Economic Development lowered the forecast for inflation in the Russian Federation for 2020 to 3% from 3.8%, keeping the forecast for 2021-2024 at 4%, the Minister for Economic Development of the Russian Federation Maxim Oreshkin told reporters, presenting an updated forecast for the Ministry for 2020-2024 and Updated forecast for 2019.
Annual inflation in Russia has decreased

The annual inflation forecast for 2019, according to the Ministry of Economic Development, is about 4.3%. According to July 15, annual inflation in the Russian Federation fell to 4.5%, according to the report of the Ministry of Economic Development “Picture of business activity. July 2019”.

Five-years sanctions: food production increased, and also prices

On August 6, 2014, Russian President Vladimir Putin signed a decree banning or restricting the import of agricultural products, raw materials, and food from states that introduced economic sanctions against some Russian Federation residents.

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The growth rate of prosperity in Russia over the past two years has exceeded the world average, analysts from the Boston Consulting Group said.
The authorities admitted that they could not keep inflation within 4%. It will be possible to return to this target indicator only in the second half of 2022, according to the analytical commentary of the Central Bank.
The OECD predicts acceleration in the global economy and a slowdown in the domestic Russian economy. The decline in household incomes and the contraction of consumer demand may become an additional brake on the recovery of the Russian economy.
According to Rosstat, the economic downturn in Russia in 2020 amounted to 3.1% – significantly better than expected.
The Deputy Chairman of the Bank of Russia Alexey Zabotkin emphasized that the potential economic growth rates do not depend on monetary policy, they are influenced by demography, labor force, and the efficiency of institutions.
MARKET INDICATORS
Retail in Russia
Retail in Russia
Russia and China
Russia and China
The structure of expenses of the population of the Russian Federation
The structure of expenses of the population of the Russian Federation
The structure of expenses of the population of the Russian Federation
The structure of expenses of the population of the Russian Federation
Real estate
Real estate
Real estate Russia
Real estate Russia
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