Latest Economy News from Russia

Fish and vegetable prices rise in Tula Region from January 19–26Fish and vegetable prices rise in Tula Region from January 19–26
Fish and vegetable prices rise in Tula Region from January 19–26An overview of consumer price trends in Tula Region between January 19 and 26, 2025.
Export maintenance: Arkhangelsk Oblast's second front against sanctionsExport maintenance: Arkhangelsk Oblast's second front against sanctions
Export maintenance: Arkhangelsk Oblast's second front against sanctionsWe discussed the economy and business in Arkhangelsk Oblast with Governor Alexander Tsybulsky.
Newcomer reveals monthly costs in Krasnodar reach 77,000 rublesNewcomer reveals monthly costs in Krasnodar reach 77,000 rubles
Newcomer reveals monthly costs in Krasnodar reach 77,000 rublesA woman who relocated to Krasnodar from Irkutsk shared her monthly living costs on social media, with locals deeming them relatively modest.
Pension and child benefit payment dates to change in Voronezh Region in FebruaryPension and child benefit payment dates to change in Voronezh Region in February
Pension and child benefit payment dates to change in Voronezh Region in FebruaryThe changes are due to weekends and the Defender of the Fatherland Day holiday.
Market-Rate Mortgage Borrowers More Active in Early Repayment
Market-Rate Mortgage Borrowers More Active in Early RepaymentIn 2025, clients who took out mortgages at market rates significantly more often resorted to early repayment compared to borrowers under preferential programs. Such data is provided by VTB.
Gasoline prices for AI-92 and AI-95 rise in YekaterinburgGasoline prices for AI-92 and AI-95 rise in Yekaterinburg
Gasoline prices for AI-92 and AI-95 rise in YekaterinburgPrices for AI-92 and AI-95 gasoline have increased at filling stations in Yekaterinburg, while diesel fuel costs have stayed largely the same.
Gasoline Prices Rise in Yekaterinburg; Diesel Holds SteadyGasoline Prices Rise in Yekaterinburg; Diesel Holds Steady
Gasoline Prices Rise in Yekaterinburg; Diesel Holds SteadyAt fuel stations in Yekaterinburg, prices for 92 and 95 octane gasoline have increased, while the rise in diesel fuel costs has nearly stopped.
Utility payment deadlines extended in Krasnodar KraiUtility payment deadlines extended in Krasnodar Krai
Utility payment deadlines extended in Krasnodar KraiNew amendments will come into effect this spring.
Zabaykalsky Krai Names 23 Professions Facing Worker ShortageZabaykalsky Krai Names 23 Professions Facing Worker Shortage
Zabaykalsky Krai Names 23 Professions Facing Worker ShortageIn January 2026, 23 professions remain in short supply in Zabaykalsky Krai, with more job openings than applicants, according to HeadHunter data.
Paying at checkout may fail: issues with Visa and Mastercard cardsPaying at checkout may fail: issues with Visa and Mastercard cards
Paying at checkout may fail: issues with Visa and Mastercard cardsVisa and Mastercard cardholders face potential payment rejections at terminals due to expired security certificates, increasing data theft risks.
Altai Krai Ranks 27th in Russia for Consumer LendingAltai Krai Ranks 27th in Russia for Consumer Lending
Altai Krai Ranks 27th in Russia for Consumer LendingAltai Krai placed 27th out of 50 Russian regions in terms of loans issued to residents, according to data from the United Credit Bureau (OKB).
Yaroslavl Increases Water and Sewage TariffsYaroslavl Increases Water and Sewage Tariffs
Yaroslavl Increases Water and Sewage TariffsWater supply and sewage disposal rates in the region have risen as of January 1, 2026, with authorities citing an increase in the VAT rate as the reason.
Authorities announce new cold water tariffs for Yaroslavl residentsAuthorities announce new cold water tariffs for Yaroslavl residents
Authorities announce new cold water tariffs for Yaroslavl residentsThe new tariffs took effect on January 1, 2026.
Doctors' Salaries in Russia: Can You Trust the Official Figures?Doctors' Salaries in Russia: Can You Trust the Official Figures?
Doctors' Salaries in Russia: Can You Trust the Official Figures?Official statistics show high average salaries for doctors in Russia's public health system, but medical professionals question how reflective these numbers are of real earnings, especially outside major cities.
Krasnoyarsk Krai ranks 19th in business closures for 2025Krasnoyarsk Krai ranks 19th in business closures for 2025
Krasnoyarsk Krai ranks 19th in business closures for 2025Krasnoyarsk Krai saw more business closures than openings in 2025, placing it 19th in a national ranking of business 'mortality'.
Zabaykalsky Allocates Funds for Flights to Menza, Chara, Abakan, KrasnoyarskZabaykalsky Allocates Funds for Flights to Menza, Chara, Abakan, Krasnoyarsk
Zabaykalsky Allocates Funds for Flights to Menza, Chara, Abakan, KrasnoyarskAuthorities in Zabaykalsky Krai have allocated 469 million rubles (approximately $5.2 million at current rates) to support domestic and interregional air routes.
Promoters and Painters Outpace Market: Record Wage Growth in PrimoryePromoters and Painters Outpace Market: Record Wage Growth in Primorye
Promoters and Painters Outpace Market: Record Wage Growth in PrimoryeMedian wage offers in Primorye Territory rose 31% over three years, with promoters and painters seeing the biggest jumps, a recruitment platform reports.
A blow to marketplaces? How VAT on Chinese goods will change online tradeA blow to marketplaces? How VAT on Chinese goods will change online trade
A blow to marketplaces? How VAT on Chinese goods will change online tradeAuthorities want to make them inaccessible and expensive. The Ministry of Finance and Ministry of Industry and Trade are discussing imposing VAT on all goods Russians buy via cross-border trade on marketplaces.
Murmansk Proposes Fixed Sum for Teachers and Medical WorkersMurmansk Proposes Fixed Sum for Teachers and Medical Workers
Murmansk Proposes Fixed Sum for Teachers and Medical WorkersDuring the first city council meeting of 2026, Murmansk officials suggested changing the financial support for educators and healthcare workers from a monthly salary-based bonus to a fixed annual sum.
Anapa Suspends Tourist Tax for Another Six MonthsAnapa Suspends Tourist Tax for Another Six Months
Anapa Suspends Tourist Tax for Another Six MonthsAnapa city deputies have extended the tourist tax freeze for six months to support hotels affected by a December 2024 fuel oil spill.
Wealthy Clients Prioritize Health and Domestic Travel in Winter
Wealthy Clients Prioritize Health and Domestic Travel in WinterA study by Bank Saint Petersburg revealed changes in the spending patterns of premium card holders during the New Year holidays. Home goods and medicine entered the top five, with most expenses going to domestic tourism.
Medical Tourists Go to St. Petersburg for Treatment
Medical Tourists Go to St. Petersburg for TreatmentFunding from the federal compulsory health insurance fund for treating non-resident patients in St. Petersburg reached 12.2 billion rubles (approximately $128 million at current rates) by the end of 2025, which is 15% above planned indicators. These data were cited by the head of the city's Territorial Fund of Compulsory Medical Insurance (TFOMS), Dmitry Lisovets.
St. Petersburg Budget: Personal Income Tax Rises, Profit Tax Falls
St. Petersburg Budget: Personal Income Tax Rises, Profit Tax FallsThe city budget revenues in 2025 reached 1.41 trillion rubles (approx. $15.8 billion at current rates), with personal income tax receipts growing while profit tax declined.
Murmansk gets federal funds for pool renovation and power grid upgradeMurmansk gets federal funds for pool renovation and power grid upgrade
Murmansk gets federal funds for pool renovation and power grid upgradeMurmansk Oblast has secured additional federal financing for infrastructure projects, including the renovation of a central pool and modernization of the power grid, as announced by Governor Andrey Chibis.
Tula Oblast to raise pregnancy allowance for conscripts' wivesTula Oblast to raise pregnancy allowance for conscripts' wives
Tula Oblast to raise pregnancy allowance for conscripts' wivesThe one-time payment for pregnant women whose husbands are military conscripts or first-year cadets in Tula Oblast will increase by about 3,000 rubles starting 1 February 2026.