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In the rating of small and medium-sized cities of the Russian Federation, the lowest salaries were found in Chechnya
In the rating of small and medium-sized cities of the Russian Federation, the lowest salaries were found in Chechnya
Published: 27 March 2023
North Caucasus least dependent on imports of «unfriendly countries» due to lack of industry
Economy
North Caucasus least dependent on imports of «unfriendly countries» due to lack of industry
Published: 24 March 2023

Chechnya and Ingushetia are the most independent of the countries that have declared sanctions against Russia. Analysts of the Statistical Research Institute of HSE believe that these subsidized regions are poorly involved in the international division of labour and have practically no developed real sector - mechanical engineering, automotive, pharmaceutical, high-tech production. 
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Business of Dagestan and Chechnya has the highest load on electricity bills
Economy
Business of Dagestan and Chechnya has the highest load on electricity bills
23 March 2023

Chechnya and Dagestan topped the list of regions of the Russian Federation with the largest share of cross-subsidized electricity.  
In the North Caucasus business is losing
Economy
In the North Caucasus business is losing
23 March 2023

In Russia, following the results of 2022, the average and large enterprises of six regions lost money. Almost all of them belong to the SFD.
Authorities estimate price increase in CFR at 11.4%
Economy
Authorities estimate price increase in CFR at 11.4%
22 March 2023

Inflation in February amounted to 11.46%. This is slightly higher than the increase in prices in Russia as a whole (10.9%), according to the Central Bank of Russia.
Georgia and Armenia increase trade with Russia after sanctions
Economy
Georgia and Armenia increase trade with Russia after sanctions
21 March 2023

Foreign trade turnover between Georgia and Russia for two months of 2023 amounted to 467.1 million dollars. This is 70% higher than the level of January-February 2022.
In the North Caucasus, only officials have the highest salaries
Economy
In the North Caucasus, only officials have the highest salaries
20 March 2023

The highest incomes in the CSRF regions are recorded in the civil service. In KCR, officials earn an average of 45 thousand. rubles per month, in CBR and Ingushetia - 46 thousand. rubles, in Chechnya - 47 thousand. rubles. Similarly - in Dagestan and North Ossetia. So says RIA Novosti.
Residents of SFDP have the smallest debts to banks
Economy
Residents of SFDP have the smallest debts to banks
13 March 2023

The North Caucasus republics have emerged as leaders among regions with minimal redundancy. In the first place on the ratio of bank debt to the annual salary of Ingushetia - 12.2%. On the second place Dagestan (24.3%), on the third - Chechnya (24.4%). The highest level of redundancy among COAF regions in North Ossetia - 69%. 
Income of citizens in North Caucasus fell
Economy
Income of citizens in North Caucasus fell
10 March 2023

In 2022, real income of the population, adjusted for inflation, fell by 6.4 per cent from the regions of the Ingushetia Federal District. In KSR - 5.4%, in Stavropol 3%, in Chechnya - 0.5%.
Housing construction is growing in SFR - Chechnya leads
Economy
Housing construction is growing in SFR - Chechnya leads
7 March 2023

In January 2023, the North Caucasus commissioned 532 thousand sq. sq. m housing, which is 15% more than the same period in 2022. This is reported by Rosstat.
Rosstat: Kabardino-Balkaria became leader in wage growth
Economy
Rosstat: Kabardino-Balkaria became leader in wage growth
7 March 2023

In 2022, Kabardino-Balkaria recorded the greatest increase in real incomes compared to 2021.
Residents of the North Caucasus more often buy on the Internet equipment, furniture and clothing
Economy
Residents of the North Caucasus more often buy on the Internet equipment, furniture and clothing
6 March 2023

According to the results of 2022, the turnover of Internet trade in the regions of the North Caucasus Federal District amounted to 122.1 billion rubles. Compared to 2021, volumes increased by 30%.