Latest Economy News from Russia

Minister Forecasts End of Salary Race, Lists In-Demand JobsMinister Forecasts End of Salary Race, Lists In-Demand Jobs
Minister Forecasts End of Salary Race, Lists In-Demand JobsLabor Minister Anton Kotyakov forecasts an end to the 'salary race' of recent years, with continued growth in wages for specific professions.
Why Accepting Gen Z's Economy Is Key, Not Fearing ItWhy Accepting Gen Z's Economy Is Key, Not Fearing It
Why Accepting Gen Z's Economy Is Key, Not Fearing ItRussian lawmakers warn of economic collapse due to Gen Z, but economists argue for adaptation over alarmism.
Krasnodar Funeral Entrepreneurs Rank in Russia's Richest ListKrasnodar Funeral Entrepreneurs Rank in Russia's Richest List
Krasnodar Funeral Entrepreneurs Rank in Russia's Richest ListInvestigator Ivan Golunov has released an updated ranking of Russia's largest funeral entrepreneurs, featuring several from Krasnodar Krai where profits reach hundreds of millions of rubles.
Kuzbass Authorities Cancel Payments for Children Born on HolidaysKuzbass Authorities Cancel Payments for Children Born on Holidays
Kuzbass Authorities Cancel Payments for Children Born on HolidaysKuzbass authorities have canceled regional payments for children born on holidays after spending almost 20 million rubles ($193,000 at current rates) from the budget in recent years.
Altai Krai Residents Resume Borrowing More Than They RepayAltai Krai Residents Resume Borrowing More Than They Repay
Altai Krai Residents Resume Borrowing More Than They RepayResidents of Altai Krai are once again taking out more loans than they are repaying, according to new data from the Bank of Russia, pushing the region's total debt to 404 billion rubles.
Cabbage Prices Plummet; Other Goods Cheaper in 2025Cabbage Prices Plummet; Other Goods Cheaper in 2025
Cabbage Prices Plummet; Other Goods Cheaper in 2025We compared official statistics with real store prices to analyze which products became cheaper last year.
Inflation in 2025 Falls to Lowest Level Since 2020
Inflation in 2025 Falls to Lowest Level Since 2020Annual inflation in Russia dropped to 5.6% in 2025, reaching its lowest point since 2020, the Bank of Russia reported.
Annual Food Price Changes in the Don RegionAnnual Food Price Changes in the Don Region
Annual Food Price Changes in the Don RegionRostovstat compared the cost of basic food products in December 2024 and 2025.
Food Price Changes in the Don Region: A Year-Over-Year ComparisonFood Price Changes in the Don Region: A Year-Over-Year Comparison
Food Price Changes in the Don Region: A Year-Over-Year ComparisonA comparison of food prices in Rostov Oblast shows that beef and cheese have increased significantly over the past year, while eggs and vegetables have become cheaper.
Tax revenues in Saratov Oblast cover only 60% of budget spendingTax revenues in Saratov Oblast cover only 60% of budget spending
Tax revenues in Saratov Oblast cover only 60% of budget spendingSaratov Oblast collected 275 billion rubles in taxes last year.
Don Farmers Face Harsh Conditions for Loan ExtensionsDon Farmers Face Harsh Conditions for Loan Extensions
Don Farmers Face Harsh Conditions for Loan ExtensionsGovernor of Rostov Region Yuri Slyusar reported that agricultural producers are facing difficulties in restructuring loans after a severe drought.
Slyusar: Don Farmers on Brink of Bankruptcy Due to Credit IssuesSlyusar: Don Farmers on Brink of Bankruptcy Due to Credit Issues
Slyusar: Don Farmers on Brink of Bankruptcy Due to Credit IssuesAfter a severe drought in 2025, farmers in Rostov region struggle to extend loans due to overly strict conditions, Governor Yury Slyusar says.
Deposits at Bank Saint Petersburg grew by 32% in 2025
Deposits at Bank Saint Petersburg grew by 32% in 2025Bank Saint Petersburg reported a 32% increase in the number of deposits in 2025. The deposit portfolio grew by 27%.
Coffee prices spike in Russia; Murmansk store prices documentedCoffee prices spike in Russia; Murmansk store prices documented
Coffee prices spike in Russia; Murmansk store prices documentedWe documented current coffee prices in Murmansk supermarkets as costs continue to climb sharply in 2025 and 2026.
One of Ulyanovsk's oldest enterprises ceases to existOne of Ulyanovsk's oldest enterprises ceases to exist
One of Ulyanovsk's oldest enterprises ceases to existThe Ulyanovsk City Electricity Grid (UlGES) has lost its status as a territorial grid operator, with all its assets being transferred to a branch of PJSC Rosseti Volga.
Ministry of Finance Rejects Claims on Imperial Russian DebtsMinistry of Finance Rejects Claims on Imperial Russian Debts
Ministry of Finance Rejects Claims on Imperial Russian DebtsDeputy Finance Minister Vladimir Kolychev stated that Russia has no obligations to repay 1916 tsarist bonds amounting to $225.8 billion.
How much will Tula residents pay for waste removal in 2026?How much will Tula residents pay for waste removal in 2026?
How much will Tula residents pay for waste removal in 2026?Tariffs for waste removal in Tula Oblast will rise in 2026, reaching up to a thousand rubles per cubic meter.
Aldan Begins Converting Central Boiler House to Natural GasAldan Begins Converting Central Boiler House to Natural Gas
Aldan Begins Converting Central Boiler House to Natural GasThe first boiler house in Aldan is being converted to run entirely on gas, with the project costing the budget of Yakutia 318 million rubles (approximately $3.5 million at current rates).
Voronezh Capital Repair Fund Fined for Procurement Violations: Impressive SumVoronezh Capital Repair Fund Fined for Procurement Violations: Impressive Sum
Voronezh Capital Repair Fund Fined for Procurement Violations: Impressive SumProsecutors in Voronezh Region have fined the local capital repair fund for procurement violations that limited competition.
Kurgan Oblast Updates Sick Leave and Maternity Benefit PaymentsKurgan Oblast Updates Sick Leave and Maternity Benefit Payments
Kurgan Oblast Updates Sick Leave and Maternity Benefit PaymentsPayments for sick leave, maternity, and childcare benefits have increased for working residents of Kurgan Oblast starting January 1, 2026.
Embracing Gen Z Economy Over Fear in RussiaEmbracing Gen Z Economy Over Fear in Russia
Embracing Gen Z Economy Over Fear in RussiaRussian lawmakers warn that Generation Z could crash the economy, but economists argue for adaptation rather than fear.
'Explain 25,000 rubles?' Residents suggest actions for card blocks'Explain 25,000 rubles?' Residents suggest actions for card blocks
'Explain 25,000 rubles?' Residents suggest actions for card blocksReaders in Novosibirsk have expressed opposition to potential bank card blocks triggered by self-transfers, with some suggesting alternative actions.
Experts Analyze How Tech Fee May Change iPhone Prices in PermExperts Analyze How Tech Fee May Change iPhone Prices in Perm
Experts Analyze How Tech Fee May Change iPhone Prices in PermThis year, smartphone and laptop prices could rise in Perm due to new tax policies, including a technological fee. A correspondent spoke with store employees and analyzed price histories to identify the best times to buy.
Not Just Age: Why Retirement Requires Purchasable Pension PointsNot Just Age: Why Retirement Requires Purchasable Pension Points
Not Just Age: Why Retirement Requires Purchasable Pension PointsExperts explain how Russians can buy missing work experience and pension points to qualify for retirement, with the cost of one point rising to 65,600 rubles (approx. $722) in 2026.