Russia: NCSP turnover flat in January-February 2017

NCSP Group says its consolidated cargo turnover for January-February comprised 23800 thousand tons, in line with first two months of 2016. Transshipment of cargo in February totaled 11130 thousand tons versus 12670 thousand tons in January, mostly because February was a shorter month also beset by adverse weather. In February storm warnings at the port…

Russia: GDP to grow by 0.6% in January-March 2017

Russia’s gross domestic product (GDP) is expected to grow by 0.6% in January-March and by 0.8% in April-June excluding seasonality, the central bank’s forecasting department said in a research note on March 6, revising its previous estimations of a 0.4% and 0.5-0.6% growth respectively. The estimate for the second quarter is based on a Urals…