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October Macroeconomic Data on Tap

RUSSIA
  • Russia's Internal Affairs ministry is preparing a bill that would oblige foreigners entering the country to sign a ‘loyalty agreement’ that would bar them from discrediting official policies, TASS reported. A foreigner entering Russia would be prohibited from "interfering with the activities of public authorities of the Russian Federation, discrediting in any form the foreign and domestic state policy of the Russian Federation, public authorities and their officials."
  • Exports of coking coal from Russia in September fell by 8.2% y/y to 2.3m tons, Vedomosti report citing unidentified people familiar with Energy Ministry data. 9-month exports declined by 5.1% y/y to 23.6m tons.
  • The following data is on the docket at 1600GMT/1900 local time:
    • Industrial Production (Est: +5.3% y/y; Prior: +5.6%)
    • Retail Sales (Est: +11.7% y/y; Prior: +12.2%)
    • Unemployment Rate (Est: 3.1%; Prior: 3.0%)
    • Real Wages (Est: +9.0% y/y; Prior: +9.5%)

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