A new report on consumer prices found that inflation accelerated in June. The data, which found that prices had increased 2.7 ...

Russian President Vladimir Putin has sacrificed an estimated 1 million of his soldiers, killed and wounded, in a three-year ...

Adviser of the Center of Expertise for WTO matters Maxim Medvedkov noted that countries with extra tariffs applied against them may not stop procurements in Russia ...

A number of indicators point to the stagnation of consumer spending in Russia, which for years has been the main driver of economic growth. As followed closely by bne IntelliNews, the signs of a ...

Bank of Russia analysts highlight that the 1% seasonally adjusted industrial output growth in April-May compared to Q1 was mainly driven by accelerating expansion in the manufacturing sector ...

Russia needs to find the equivalent of 2 million workers a year over the next five years to fill vacancies left by people who ...

Russia’s economy is struggling and it’s all Putin’s fault. When Russia invaded Ukraine in February 2022, the international community responded with unprecedented sanctions. These included cutting ...

Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the ...

The country's economy has been surprisingly resilient but there are underlying problems.

Russia’s wartime economy, once defiant in the face of Western sanctions and geopolitical isolation, is showing signs of fatigue. On Thursday, Russia’s economy minister Maxim Reshetnikov warned ...

Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.

In a surprisingly transparent statement, one of Russia's highest economic authorities acknowledged the nation's grim financial situation.