The Central Bank of Russia will not be able to achieve its goal - the level of annual inflation at four percent - in the next several years.

If economic growth in Russia will be only 1.3 percent higher in 2016 than in the crisis of 2008, then in 2018 it will be possible to speak of a lost decade for the country.

The Ministry of Economic Development was indignant at the forecast of HSE about the lost decade for the Russian economy.

The demand for dollars has risen by 33 percent, while euros demand has grown by 22 percent.

The German Mechanical Engineering Industry Association (VDMA) made a decision to provide support for the Neftegaz 2017 exhibition as Russia’s key trade show for German manufacturers.

Manufacturers from Austria, Belarus, Belgium, China, Germany, India, Italy, Korea, and Poland announced their participation in the forthcoming trade show.

The Rosselkhoznadzor experts went on a visit (from the 17th to the 20th of August, 2016) to Bosnia and Herzegovina in order to settle the issues related to exports of regulated plant products to the Russian Federation.

Indonesia acknowledges competence of the Russian laboratories confirming compliance of grain with quality and safety criteria.

Federal Service for Veterinary and Phytosanitary Surveillance is ready to lift the ban on the import of Turkish products only after the phytosanitary security on the part of Turkey is strengthened.

The index has increased by three percentage points during the month.