Latest Economy News from Russia

Tax Hikes May Normalize Envelope Salaries in ArkhangelskTax Hikes May Normalize Envelope Salaries in Arkhangelsk
Tax Hikes May Normalize Envelope Salaries in ArkhangelskThe graying of incomes indicates serious challenges for both employees and employers in the region.
What Payments Await Russians Who Never WorkedWhat Payments Await Russians Who Never Worked
What Payments Await Russians Who Never WorkedA senator has detailed the social pension available to Russians who have never held an official job, citing specific amounts set to take effect in 2026.
New utility tariffs to rise in Kurgan Oblast from OctoberNew utility tariffs to rise in Kurgan Oblast from October
New utility tariffs to rise in Kurgan Oblast from OctoberUtility payments in Kurgan Oblast will increase by an average of 12.4% from October 1, adding hundreds of rubles to monthly bills.
Volgograd: Where They Pay the Most and the LeastVolgograd: Where They Pay the Most and the Least
Volgograd: Where They Pay the Most and the LeastStatistics for January-November 2025 show the industries with the highest and lowest average wages in the Volgograd region.
Volgograd Identifies Highest and Lowest Paying JobsVolgograd Identifies Highest and Lowest Paying Jobs
Volgograd Identifies Highest and Lowest Paying JobsA statistical report reveals which industries in the Volgograd region offer the best salaries and which barely meet subsistence levels for the first ten months of 2025.
Inflation Affects Prices from Eggs to Theater in PrimoryeInflation Affects Prices from Eggs to Theater in Primorye
Inflation Affects Prices from Eggs to Theater in PrimoryeInflation slowed in Primorye in December, but prices remained higher than the national average, continuing to strain residents' budgets.
Primorskstat Reports Wages in Primorye: Who Earns More Than 200,000 RublesPrimorskstat Reports Wages in Primorye: Who Earns More Than 200,000 Rubles
Primorskstat Reports Wages in Primorye: Who Earns More Than 200,000 RublesWage growth in 2025 was weaker than in 2024, according to the regional statistics agency's data for Primorye Territory.
‘Unpleasant signal’ for Don producer amid Chinese poultry competition‘Unpleasant signal’ for Don producer amid Chinese poultry competition
‘Unpleasant signal’ for Don producer amid Chinese poultry competitionDamate, a poultry producer in the Rostov region, is facing pressure from China on both export and domestic markets, according to a company representative.
Chinese competition puts pressure on Don region poultry producerChinese competition puts pressure on Don region poultry producer
Chinese competition puts pressure on Don region poultry producerA representative of the Damate Group says China is creating obstacles for Russian exports while sharply increasing its own poultry shipments to Russia.
Nizhny Novgorod Launches Federal Guest House Classification PilotNizhny Novgorod Launches Federal Guest House Classification Pilot
Nizhny Novgorod Launches Federal Guest House Classification PilotThe Nizhny Novgorod Region government announced that starting September 1, 2026, it will implement a federal pilot project for mandatory classification of private guest houses.
Nizhny Novgorod to test guest house classification in tourism experimentNizhny Novgorod to test guest house classification in tourism experiment
Nizhny Novgorod to test guest house classification in tourism experimentThe Nizhny Novgorod Region will join a federal pilot project from 1 September 2026, introducing mandatory registration and classification for private guest houses.
St. Petersburg Students Spend More on Food and Online Shopping
St. Petersburg Students Spend More on Food and Online ShoppingAccording to Bank Saint Petersburg, in the first semester of 2025, students spent an average of 12.5 thousand rubles per month (approximately $125 at current rates). The main expenses were on groceries, dining out, and online shopping.
Childbirth allowance and maternity capital to increase in Transbaikal region from February 1Childbirth allowance and maternity capital to increase in Transbaikal region from February 1
Childbirth allowance and maternity capital to increase in Transbaikal region from February 1A one-time childbirth/adoption benefit and maternity capital payments will be increased from February 1 after indexation by Russia's Social Fund.
KDV's parent company now controlled by RosselkhozbankKDV's parent company now controlled by Rosselkhozbank
KDV's parent company now controlled by RosselkhozbankThe KDV confectionery group's parent company has been transferred to state-owned Rosselkhozbank, according to official records, following the criminal conviction of its owners.
Volgograd Residents Discuss Price Increases: 'Money Is Just Paper'Volgograd Residents Discuss Price Increases: 'Money Is Just Paper'
Volgograd Residents Discuss Price Increases: 'Money Is Just Paper'After the New Year holidays, many Volgograd residents faced rising prices for products and services, but some townspeople see nothing unusual in this.
Yakutia to See 15% Utility Rate Increase from OctoberYakutia to See 15% Utility Rate Increase from October
Yakutia to See 15% Utility Rate Increase from OctoberResidents of Yakutia will face two utility rate hikes in 2026, with a second increase of up to 15% set for October, local officials said.
Volgograd Residents Horrified by Post-New Year Price HikesVolgograd Residents Horrified by Post-New Year Price Hikes
Volgograd Residents Horrified by Post-New Year Price HikesBut some residents say they haven't noticed any changes in price tags.
Ministry of Natural Resources reports on minerals mined in Altai KraiMinistry of Natural Resources reports on minerals mined in Altai Krai
Ministry of Natural Resources reports on minerals mined in Altai KraiThe regional Ministry of Natural Resources has listed silver and gold as among the primary minerals extracted in Altai Krai.
Voronezh Region Tightens Rules for Unified Child BenefitVoronezh Region Tightens Rules for Unified Child Benefit
Voronezh Region Tightens Rules for Unified Child BenefitFrom 2026, the income threshold for families to qualify for the unified child benefit will be significantly higher in Voronezh Region, aligning with nationwide changes.
Russians Report Sharp Food Price Rise After New YearRussians Report Sharp Food Price Rise After New Year
Russians Report Sharp Food Price Rise After New YearFollowing a VAT increase on January 1, Russians are expressing dismay over rising food prices in social media posts, while analysts provide insights on the trends and future expectations.
Will Under-the-Table Salaries Become the Norm?Will Under-the-Table Salaries Become the Norm?
Will Under-the-Table Salaries Become the Norm?The 'graying' of incomes bodes no good for Russia's economy as tax increases loom in 2026, putting pressure on business wage funds.
Vegetables Rose, Fruits Fell: Irkutskstat on December PricesVegetables Rose, Fruits Fell: Irkutskstat on December Prices
Vegetables Rose, Fruits Fell: Irkutskstat on December PricesPrices in the Irkutsk region rose by 0.3% in December 2025, with an annual increase of 8.5%.
'I was a bit stunned': Irkutsk blogger amazed by vegetable prices'I was a bit stunned': Irkutsk blogger amazed by vegetable prices
'I was a bit stunned': Irkutsk blogger amazed by vegetable pricesA blogger from Irkutsk expressed shock at winter vegetable prices after spending 2,100 rubles (about $23 at current rates) on greens, tomatoes, cucumbers, and avocado.
Russian Lawmaker Proposes Raising Student Stipends to Living WageRussian Lawmaker Proposes Raising Student Stipends to Living Wage
Russian Lawmaker Proposes Raising Student Stipends to Living WageA State Duma deputy has suggested increasing stipends for full-time students to the national living wage and indexing them annually.
Rostov Region May Lose 70% Exports Over New 'Aged Fleet' LawRostov Region May Lose 70% Exports Over New 'Aged Fleet' Law
Rostov Region May Lose 70% Exports Over New 'Aged Fleet' LawA proposed federal law restricting the use of aged ships could cut off 70% of Rostov Region's exports, according to a regional business official.