Activity index in the service sector in Russia fell to its lowest level for the year

In Russia, in November, the index of business activity in the service sector fell to 47.1 points from 48.8 points in October. This is reported in a study (.pdf) of the analytical agency IHS Markit. This was the largest decline since October 2020. Above 50 indicates a rise in economic activity, below a decline. “The … Read more

A new type of food is looking for investors // Record growth in food prices requires a techno-revolution in their production

World food prices continue to grow under the influence of strong demand, it follows from the data of the UN FAO, for the year their index increased by 27.3% and reached its maximum value since 2011. Since de facto the previous cycle of modernization of agricultural production in key markets has already been practically completed, … Read more

Moscow Exchange intends to launch an index on shares of medical companies

The head of the Moscow Exchange, Yuri Denisov, did not rule out the appearance of an index on the shares of medical companies in the near future. He noted that the share of the non-resource sector in the Moscow Exchange Index increased from 32% to 42%. “Recently we have new indices – industry ones. This … Read more

Covid has increased the spending of the population by digital // Monitoring of microeconomics

The pandemic had almost no effect on the growth rate of costs for the development of the digital economy in Russia in 2020, but changed the ratio of expenses of organizations and the population for these purposes. According to the Institute for Statistical Studies and Economics of Knowledge (ISSEK) of the Higher School of Economics, … Read more

German inflation was dispersed by gas and raw materials // Monitoring of the world economy

Consumer inflation in Germany in November reached 5.2% in annual terms, according to official statistics. The record remains 6.2%, recorded in the summer of 1992. At the same time, in comparison with October, the level of prices in November decreased by 0.2% (in annual terms, the increase in prices then amounted to 4.5%). The largest … Read more