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Edward Hugh has a lively and enjoyable Facebook community where he publishes frequent breaking news economics links and short updates. If you would like to receive these updates on a regular basis and join the debate please invite Edward as a friend by clicking the Facebook link at the top of the right sidebar.

Claus Vistesen and I also have a number of country briefings and study papers available for download in PDF format. The latest are:

Bank Rossii Eases Further As Russia's Economy Contracts At A Record Rate

The ECB's Balance Sheet At A Glance.

Friday, February 22, 2008

Russia Producer Prices January 2008

The cost of goods leaving Russian factories and mines rose at a faster pace in January for the fourth consecutive month as global energy and metal prices remained high. Producer prices in the world's biggest energy exporter increased 25.2 percent, the fastest rate in 3 years, from 25.1 percent in December, the Federal Statistics Service said today. Prices rose 1.6 percent in the month, the statistics office said.

Capital investment increased an annual 19 percent in January as industrial output expanded 4.8 percent, the statistics office also said.

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