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Articles with tag "Economy"

Half of Russians Cannot Predict Household Income Beyond 6 Months – Survey

Half of respondents said they could only predict their family income for six months or less, up from 44% two years ago.

Russia Could Face Systemic Banking Crisis by Late 2026, Kremlin-Linked Think Tank Warns

The Central Bank rejected the warnings, saying it sees no grounds for a banking crisis.
2 Min read

Russia’s Oil and Gas Revenues Fall 34% Year-on-Year in November

The data underscores mounting pressure on the federal budget from a combination of sanctions, weak crude prices and a strong ruble.
2 Min read

Russians Pour Record Funds Into Domestic Securities as Rates Fall

Net contributions to brokerage accounts reached 872 billion rubles between July and September, up 83% from a year earlier.
3 Min read
opinion Dmitry Nekrasov

Did Russia Really Have a Gasoline Crisis? New Data Suggests Otherwise.

While there were certainly some shortages in Russia's regions this summer, the picture painted by a new survey could hardly be called a crisis.
3 Min read

Russian Industry Sentiment Falls to Late-1990s Lows – Report

November’s reading marks the weakest point since April 2020, when nationwide lockdowns froze much of the economy.
2 Min read

Russia’s Forestry Industry Faces Steep Production Slump in 2026, Official Says

The worst-case scenario points to a 20-30% drop in output in 2026.
1 Min read

Russian Corporate Losses Surge in 2025 as More Firms Slip Into the Red

About 18,400 firms posted losses, or 11% more than the same period of 2024.
2 Min read

Russian Homebuyers Struggle as Rising Prices Outpace Income Growth

Only 8.3% of working Russians — roughly one in 12 — can save the required 20% down payment within two years, Sberbank's deputy chairman said.
2 Min read

Russia Sees Surge in Cash Circulation Amid Internet Outages and Tighter Bank Scrutiny

The jump is more than five times larger than during the same period in 2024, when cash in circulation grew by 137 billion rubles ($1.7 billion).
2 Min read

Russia’s Share of Households With Savings Falls to 8-Year Low – Survey

Only 31% of respondents said they had a financial cushion that would allow them to get by for a time if they lost their main source of income.
2 Min read

Russia’s Inflation Expectations Jump to One-Year High, Central Bank Says

But a nationwide poll showed that households believe prices are rising far faster than the official figures suggest.
2 Min read

Russia’s Central Bank Starts Selling Physical Gold From Reserves

Economists said these gold sales help the Central Bank inject currency into the market to support the ruble while easing pressure on yuan holdings.
1 Min read

Russian Firms Plan Price Increases Ahead of Tax Changes – Central Bank Survey

Businesses plan to lift prices by an annualized 6.3% over the next three months, up from 4.2% in October and 2.9% in September.
2 Min read

Russian Companies Face Record Debt Burden as High Rates Squeeze Profits – Think Tank

“The burden from interest payments on corporate income is at an extremely high level,” the Kremlin-linked think tank CMASF said.
3 Min read

Russian Warehouse Market Sees Sharp Decline as Economy Slows

Companies have shifted from expansion to consolidating existing space due to slower economic growth and high borrowing costs.
2 Min read
opinion An Anonymous Writer in Russia

What Do Russians Have to Look Forward to in 2026?

I recently asked a Russian friend what her hopes for the future were. "No plans. Only December," she said.
5 Min read

Russia’s Rusal to Shutter Major Silicon Plant as Industry Cuts Deepen

The cutback adds to a growing list of Russian industrial firms reducing hours, output or staffing as economic pressures mount.
2 Min read

Russian Economy Barely Grows in Q3 as War Spending Bites

Bloated military spending had initially supported the Russian economy. But it also spurred inflation, which now weighs on growth.
2 Min read
opinion Tatyana Rybakova

Congratulations to Russia's Agriculture Ministry for Soaring Food Prices

With the industry regulated into a corner, the price of staples like sunflower oil and rye are climbing. Officials are only making things worse.
6 Min read
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