Free Trial

Labour Shortages Limiting Output of Industrial Enterprises

RUSSIA
  • According to a study cited by Kommersant, January set another record for labour shortages in the Russian economy, with 53% of polled industrial enterprises saying labour shortages limit their output.
  • Russia's monetary base fell to RUB 18.03trln in the week of Jan 26 from RUB 18.179trln in the week of Jan 19, according to the Bank of Russia. That marks the lowest since the end of June 2023.
  • The combined budget revenues of Russia's regions grew by 9.5% to RUB 19.25trln in 2023, while spending increased by 11% to RUB 19.51trln, Vedomosti report. Twenty-eight regions closed the year with a surplus, though Moscow had the highest deficit followed by St. Petersburg.
  • The Moscow Exchange will report on January trading volumes, with no other major data releases on the docket today.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.