Citizens pay later // Installment payments are growing faster than other consumer loans

By the end of the year, the volume of the installment services market (BNPL) may reach 8 billion rubles. While these are hundredths of a percent in the total volume of consumer lending, however, according to experts, the market will grow faster than other segments. First of all, this will happen due to an increase … Read more

Multi-apartment buildings are being built even more slowly // Construction Monitoring

The commissioning of multi-apartment housing in July continued to decline, as follows from the data of Rosstat, in annual terms, 2.8 million square meters were put into operation last month. m, which is 14% less than a year earlier, when the volume of commissioning amounted to 3.2 million sq. m. m. Also, the figures for … Read more

China is losing momentum // Monitoring of the world economy

The main indicators of the Chinese economy in July showed a slowdown in growth after a temporary acceleration in June. Industrial production grew by 3.8% over the year against 3.7% a month earlier, while the figure increased by 0.38% month on month. At the same time, the production of “new energy” cars and solar panels … Read more

Dear Enemies // The rise in oil prices has made Russia one of the three largest suppliers of the European Union

The increase in prices for raw materials, primarily for energy resources, led to a sharp increase in supplies from Russia to the EU countries. According to Eurostat, in the first half of the year, the increase in European imports from Russia amounted to 78.9%, the country also remained the third largest supplier to the EU. … Read more

Far Eastern construction projects expand support // The government will extend a single subsidy for the macroregion

On Tuesday, August 16, the head of the Ministry for the Development of the Far East, Alexei Chekunkov, announced plans to extend the single subsidy program for the Far East after 2024. So far, this program provides for spending about 120 billion rubles. in 2018–2023. The preliminary results of the launch of the new program … Read more

The rise in prices for energy carriers and electricity in Europe breaks records // Infographics

According to Eurostat, energy inflation reached 41.1% yoy in July. This is the highest figure since the beginning of observations in 1997. If we take the subcategories, the largest increase in July was shown by gas prices – 51.4% yoy. Since January, this indicator has grown by 10.7 percentage points against the backdrop of a … Read more

Every third person tried to become an entrepreneur // Monitoring of business activity

Survey data from Ipsos, a market research firm, shows an increase in entrepreneurial activity around the world. One third of respondents (a total of 21,000 people surveyed in 26 countries) reported having entrepreneurial experience. The same number are ready to start their own business in the next two years. The share of people interested in … Read more

World food prices continue to decline // Infographics

The FAO Food Price Index continues to decline for the fourth consecutive month from the record highs recorded in March. In July, the average value of the index was 140.9 points, which is 13.3 points, or 8.6%, lower than in June. This is the sharpest decline since October 2008, according to FAO materials. It is … Read more

Experts – about the partial liberalization of the Criminal Code

The business and expert community is counting on finalizing the project of the Ministry of Justice. “There is a whole group of offenses in the Criminal Code and a group of offenses in the Code of Administrative Offenses, which actually describe the same actions (they only qualify them differently). These are, for example, article 146 … Read more