By Victor Duda
I also remind that the Russian economy is most sensitive to oil prices, the revenues from which are generated by up to 30% of the Russian budget. Official statistics report on victories. In 2024, the Russian economy demonstrated growth, exceeding expert expectations. According to official sources, Russia's GDP increased by 4. 1%. It happened "by increasing investments, consumer demand and increasing real incomes of the population. " This is written by official sources.
But what really happens there can be seen from the news of regional national media. A small selection of "successful success" of the Russian economy: the main reason for the problems of Russia's economy is the sharp fall in oil and gas income and the growing costs of war. Russian oil Urals fell from $ 70 in January to $ 49 in early May, which will lead to the loss of 2. 6 trillion rubles of budget revenues.
I would like to remind that in July OPEC+ plans to increase production, which will continue the fall in oil prices. 6. Civil products in the first quarter decreased by 0. 8% per month. As a result, production has reached the lowest level since April 2023. 7. The PMI Index dropped below 50 points, which is a sign of the decline in production. Cargo transportation over the RH network decreased by 9. 7% to the year 8.
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