Financial flows in Russia grow in April on higher export prices

MOSCOW. May 8 (Interfax) - Financial flows in Russia grew in April primarily on the back of the increase in prices for Russian export commodities, foremost energy resources, the Central Bank of Russia (CBR) said.

Incoming payments channelled through the CBR's payment system grew by 9.1% in April compared to the average in the first quarter of 2026. Not including extraction, oil products and government administration, financial flows dropped 1.3% in the month.

Incoming payments in export sectors jumped 35.1% in April after falling in the first quarter, as the March surge in export prices affect financial flows with a lag early in the second quarter, the CBR said.

Incoming payments fell 1.2% in April in consumer demand sectors and 6.3% in government demand sectors, but rose 3.7% and 13.2%, respectively, in investment demand and intermediate demand sectors.