Economy News Russia’s Economy Is Overheating
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Nabiullina announced the exit of the Russian economy from overheating in 2026
The economy of the Russian Federation will recover from overheating in the first half of 2026. This was announced on December 19 by the Chairman of the Central Bank of Russia, Elvira Nabiullina.She ... Read More
Putin: tax increase in Russia will not last forever
Tax increases in Russia will not last forever, they are temporary measures. This was stated by Russian President Vladimir Putin during the "Results of the Year" on December 19."Whether it will last ... Read More
Russian shoppers deal a new blow to Putin’s war chest ahead of the holidays
Russian consumers are pulling back over the Christmas period as the economic surge triggered by the invasion of Ukraine shows signs of exhaustion, Business Insider reports, citing a report from the ... Read More
Russia's wartime consumer boom is cracking as shoppers tighten their wallets
Russia saw a surge in consumer spending after its 2022 invasion of Ukraine, even as sweeping sanctions hit the economy. Read More
Russia’s Economy Could Slip Into Recession by Year-End, Central Bank Warns
Russia’s economy could slip into recession by the end of the year after three consecutive quarters of slowing growth, the Central Bank has warned. According to the Economic Development Ministry, GDP ... Read More
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