RU Prelim Current Account
It’s a leading indicator of consumer demand – a rising surplus indicates that foreigners are buying more of the country's resources;
There are 2 versions of Current Account released about 80 days apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance;
- RU Prelim Current Account Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Oct 11, 2024 | 9.1B | 3.6B | 18.0B |
| Jul 11, 2024 | 18.0B | 15.6B | 22.6B |
| Apr 11, 2024 | 22.0B | 13.6B | 11.5B |
| Jan 19, 2024 | 10.7B | 12.8B | 16.6B |
| Oct 10, 2023 | 16.6B | 8.5B | 9.6B |
| Jul 11, 2023 | 5.4B | 10.8B | 14.8B |
| Apr 11, 2023 | 18.6B | 18.8B | 37.5B |
| Jan 17, 2023 | 31.4B | 57.5B | 48.0B |
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- RU Prelim Current Account News
From think.ing.com|Jan 19, 2021Current account to remain well supported in 1H21: Russia's current account surplus totalled US$32.5bn in 2020 (including US$5.5bn in 4Q20), which is US$4.5bn lower than we expected and half the 2019 surplus of US$64.8bn. Nevertheless, we are not in a rush to take the numbers negatively. Looking into the structure of the 4Q20 current account, we see a number of positive developments. •Non-fuel revenues growth showed a slight pick-up to 5% YoY in 4Q20 (Figure 1) on continued strong exports of gold and agriculture products, benefiting ...
| Released on Jan 19, 2021 |
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- Details