Russia’s services sector stabilises in August, PMI shows
Activity in Russia’s services sector stabilised in August after two months of decline, with firms increasing hiring…
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Russian Economy
Russia’s manufacturing downturn eases in August, PMI shows
Russia’s manufacturing sector contracted for a third straight month in August, though at a softer pace, as weak…
Russia’s services sector contracts further in July ’25
Russia’s services sector saw a sharper contraction in business activity in July, driven by a renewed drop in new…
Russia growth outperforms G20 peers – minister
Russia's economy grew by more than 4 per cent over the past two years, outperforming most G20 nations, Minister of…
Rate cut eases pressure on Russian budget – Manturov
Lowering Russia’s key interest rate by one percentage point could save the federal budget around 260 billion rubles…
Russia-China trade slips YoY in Jan–May ’25
Trade turnover between Russia and China declined by 8.2 per cent year-on-year to $88.8 billion in the first five…
Russia’s trade turnover slips YoY in Jan–Apr ’25
Russia experienced an 18.3 per cent decrease in its foreign trade surplus to reach $42.4 billion in January-April…
Russia’s inflation 9.52% up in 2024
Russian consumer prices surged by 9.52 per cent in 2024, up from 7.42 per cent in 2023, according to final…
Sanctions won’t hinder Russia’s trade – minister
Russian Finance Minister Anton Siluanov stated that Western sanctions will not limit Russia's foreign trade.
Russia’s GDP up 4.6% in H1 ’24 – Putin
The Russian economy continues to grow at a robust pace, with GDP rising by 4.6 per cent in the first half of the…