Latest Economy News from Russia

Gold Hits Record Highs: Should Arkhangelsk Residents Jump on the Bandwagon?Gold Hits Record Highs: Should Arkhangelsk Residents Jump on the Bandwagon?
Gold Hits Record Highs: Should Arkhangelsk Residents Jump on the Bandwagon?Global gold prices have surpassed $5,000 per troy ounce, setting a new record in 2026. Analysts see continued rapid growth but warn it could stop and reverse at any moment.
Omsk: vegetable, vodka prices up; sausage downOmsk: vegetable, vodka prices up; sausage down
Omsk: vegetable, vodka prices up; sausage downPrices for certain foods in the Omsk region have changed significantly since the start of 2026. Vegetables and vodka have become more expensive, while sausage has dropped in price.
Structural Compression: Why Retail Assortments Are ShrinkingStructural Compression: Why Retail Assortments Are Shrinking
Structural Compression: Why Retail Assortments Are ShrinkingPortions and product ranges are dwindling while prices continue to climb. Experts from the consumer market explain the trend of structural compression.
Gasoline and passenger car prices fall in Altai KraiGasoline and passenger car prices fall in Altai Krai
Gasoline and passenger car prices fall in Altai KraiIn the previous few months, motorists faced a fuel shortage. In December, however, prices for both gasoline and used foreign cars decreased.
Gasoline Prices Rise Again in Chita This WeekGasoline Prices Rise Again in Chita This Week
Gasoline Prices Rise Again in Chita This WeekAI-95 and AI-92 gasoline prices increased at a Rosneft station in Chita, while other monitored stations showed no change, according to a local news outlet's check.
Can We Afford It? Yakutia Ranks 12th for Gasoline AffordabilityCan We Afford It? Yakutia Ranks 12th for Gasoline Affordability
Can We Afford It? Yakutia Ranks 12th for Gasoline AffordabilityAccording to experts, residents of the Sakha Republic (Yakutia) can purchase 1,500 liters of AI-92 gasoline with their average monthly salary, placing the region 12th in a national ranking.
Zabaykalsky Krai ranks 31st in gasoline purchasing power rankingZabaykalsky Krai ranks 31st in gasoline purchasing power ranking
Zabaykalsky Krai ranks 31st in gasoline purchasing power rankingZabaykalsky Krai placed 31st in a Russian regional ranking showing how much gasoline can be purchased with the average salary in December 2025.
Gold Hits Record Highs: Is It Worth Jumping on the Bandwagon?Gold Hits Record Highs: Is It Worth Jumping on the Bandwagon?
Gold Hits Record Highs: Is It Worth Jumping on the Bandwagon?Analysts believe gold will continue to rise rapidly, but note that growth could stop at any moment and turn into a decline.
New village planned for Zabaikalskaya TPP workersNew village planned for Zabaikalskaya TPP workers
New village planned for Zabaikalskaya TPP workersA new village is being considered in Transbaikal Krai to house the thousands of skilled specialists required for the upcoming Zabaikalskaya Thermal Power Plant and expansion at the Kharanor Power Plant.
Secondary Housing Interest in Chita Rises 1% Over YearSecondary Housing Interest in Chita Rises 1% Over Year
Secondary Housing Interest in Chita Rises 1% Over YearIn Chita, interest in secondary housing increased by only 1% over the past year, with the average price per square meter at 124,000 rubles (approximately $1,240 at current rates).
Expert forecasts top food price hikes in Samara by summerExpert forecasts top food price hikes in Samara by summer
Expert forecasts top food price hikes in Samara by summerA forecast predicts food price changes in Samara Region for the first half of 2026, with some items expected to rise more than others.
Four categories of pensioners to receive raises in FebruaryFour categories of pensioners to receive raises in February
Four categories of pensioners to receive raises in FebruaryA planned increase in pension payments for specific groups of Russian citizens will take effect on 1 February. The changes will automatically double the fixed payment for retirees over 80 and those with Group 1 disabilities.
New Family Mortgage Rules from February 1, 2026New Family Mortgage Rules from February 1, 2026
New Family Mortgage Rules from February 1, 2026From February 1, 2026, the family mortgage program in Russia will change: spouses in an official marriage will become co-borrowers, and the loan will be tied to the child's registration.
Tyumen Residents Amass Half a Trillion Rubles in Bank SavingsTyumen Residents Amass Half a Trillion Rubles in Bank Savings
Tyumen Residents Amass Half a Trillion Rubles in Bank SavingsResidents of Tyumen Oblast continue to save money, with bank deposits exceeding 503 billion rubles by December 2025, according to banking sector representatives.
Baikal Aqua Sues Over Legend of Baikal TrademarkBaikal Aqua Sues Over Legend of Baikal Trademark
Baikal Aqua Sues Over Legend of Baikal TrademarkThe lawsuit will be considered by the Intellectual Property Court.
Russia's Reliance on Cheap Labor: Indian and Central Asian MigrantsRussia's Reliance on Cheap Labor: Indian and Central Asian Migrants
Russia's Reliance on Cheap Labor: Indian and Central Asian MigrantsIn 2025, Russia issued a record number of work permits to citizens of India and Bangladesh, highlighting the growing reliance on foreign labor.
13th Pension for Russian Elderly: Inflation Catch-Up Still Distant13th Pension for Russian Elderly: Inflation Catch-Up Still Distant
13th Pension for Russian Elderly: Inflation Catch-Up Still DistantThe proposal for a 13th pension in Russia is discussed by the chairman of the State Duma's labor committee and economists, highlighting challenges in compensating for inflation.
Russia updates rules for returning defective complex goodsRussia updates rules for returning defective complex goods
Russia updates rules for returning defective complex goodsNew regulations for returning faulty complex goods came into force on 1 February, changing how refunds are calculated based on current market value.
Alcohol and cigarette prices surge in Moscow after excise hikeAlcohol and cigarette prices surge in Moscow after excise hike
Alcohol and cigarette prices surge in Moscow after excise hikeWith excise taxes raised, Muscovites wonder if they will drink less or switch to moonshine.
Tax Break for Landlords: A Hidden RiskTax Break for Landlords: A Hidden Risk
Tax Break for Landlords: A Hidden RiskThe Federal Tax Service has proposed that entrepreneurs not pay property tax on real estate used in business, but this savings could turn into multi-million losses when selling the property.
Wheat Farming Profitability in Rostov Region Plummets TenfoldWheat Farming Profitability in Rostov Region Plummets Tenfold
Wheat Farming Profitability in Rostov Region Plummets TenfoldProfitability from growing wheat in Russia's Rostov region has fallen tenfold over four years, with many farms now operating at cost or at a loss, according to a regional trade official.
Wheat profitability in Rostov Oblast drops tenfoldWheat profitability in Rostov Oblast drops tenfold
Wheat profitability in Rostov Oblast drops tenfoldThe profitability of wheat cultivation in Russia's Rostov region has fallen tenfold in four years, with the gap between export and domestic grain prices nearly vanishing and squeezing farmers' margins.
Jobs in Zabaikalye offering salaries from 150,000 rubles per monthJobs in Zabaikalye offering salaries from 150,000 rubles per month
Jobs in Zabaikalye offering salaries from 150,000 rubles per monthExperts from Avito Rabota have compiled a list of current vacancies in various industries with salaries starting at 150,000 rubles.
Yakutia Budgets 478.8 Million Rubles for Il Tumen Apparatus in 2026Yakutia Budgets 478.8 Million Rubles for Il Tumen Apparatus in 2026
Yakutia Budgets 478.8 Million Rubles for Il Tumen Apparatus in 2026The Yakutia budget for 2026 has allocated 478.8 million rubles (approximately $5.32 million at current rates) for the maintenance of the Il Tumen State Assembly apparatus, with speaker Alexey Yeremeyev set to earn 6.7 million rubles (about $74,400).
Kurgan Oblast Authorities Cut State Debt by BillionsKurgan Oblast Authorities Cut State Debt by Billions
Kurgan Oblast Authorities Cut State Debt by BillionsKurgan Oblast's budget exceeded 100 billion rubles (approximately $1 billion) in 2025, and authorities reduced state debt by 6.7 billion rubles (about $67 million) over the past year.