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…
EBRD forecasts 1.5% GDP growth for Russia in ’25
The Russian economy is projected to experience modest GDP growth of 1.5 per cent in 2025, according to the Regional…
OECD boosts Russia’s ’24 GDP growth forecast to 2.6%
Russia’s GDP is likely to increase by 2.6 per cent in 2024, according to the Organisation for Economic Co-operation…
Russian Novostal-M plans to build factory in Egypt
Russian metallurgical holding company Novostal-M plans to establish a new factory in Egypt to expand its…
Putin calls elite to invest in Rusisa rather than beg for Western money
Russian President Vladimir Putin addresses Russia’s business elite on Tuesday to invest at home, instead of begging…
Russian economy records 2.1% low in 2022
Russian economy has declined by 2.1 percent last year, the Federal Statistics Service said on Monday, shrinking…
Russian stocks resume trading, dive 50% over Ukraine crisis
Russian stocks resume trading on Thursday after a near two-hour suspension amid the Ukraine crisis.
Russian central bank criticizes the easy money policies of its peers
Russian economy is facing a different range of issues than those facing the U.S., Japan and the euro zone and so…
Russia will raise $7 billion in global debt markets in 2017; says FinMin
Russia is planning to raise $7 billion in the international debt markets next year, taking advantage of strong…
Investors pull US$1 trillion from emerging markets in a year
Money has been pouring out of developing economies at a faster pace, and for longer, than during global financial…
Russia’s Economy Falls In Q1 as Woes Mount
The Russian economy has contracted in the first three months of 2015 because of low oil prices, weaker spending and…
Ruble surges to Highest Level since December
The Russian ruble continued its rally in early trade Thursday, hitting levels last seen in late December. The ruble…
Russia to Help Large Borrowers As S&P Mulls Junk Rating
Russia's central bank offered on Wednesday to help top exporters refinance heavy foreign debts next year, expected…
Ruble’s Rescue Comes with Cost for Russian Economy
Russian policy makers are signaling they’re prepared to sacrifice economic growth in order to stabilize the ruble.…