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Post-election price shock: Russia’s massive utility hike sends inflation soaring to 7.1%
One region saw overall utility bills jump by as much as 22% ...
Weekly inflation in Russia rose to 0.96% in the week of September 29 to October 5, while annual inflation reached 7.1%, ...
Russia's economy ministry expects the country to produce and export less natural gas this year than previously forecast, according to a draft government document seen by Reuters, as Europe prepares ...
MOSCOW, Sept 24 (Reuters) - The Russian government projected a budget deficit equal to 2% of the gross domestic product for the next three years and proposed an array of tax hikes to sustain the ...
Russia’s central bank extended a yearlong easing cycle, with policymakers downgrading their growth forecast as Ukrainian drone strikes heap pressure on the economy. The Bank of Russia was faced with ...
MOSCOW, July 29. /TASS/. Sber has lowered its forecast for Russia’s GDP growth in 2026 to 0%-0.5% from 0.5%-1%, Sberbank Chief Financial Officer Taras Skvortsov ...
Russia insists its economy remains resilient, but a top economist was reportedly fired after warning that the Ukraine war could trigger a social crisis. Andrei Klepach said Russia could not win a ...
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