Latest Economy News from Russia

Obsolete Fleet Law Puts 70% of Rostov Exports at RiskObsolete Fleet Law Puts 70% of Rostov Exports at Risk
Obsolete Fleet Law Puts 70% of Rostov Exports at RiskA federal bill banning obsolete vessels could jeopardize up to 70% of exports from Russia's Rostov Region, warns a local export director.
Feb 1, 2026
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Tyumen Residents on Incomes of 100,000 to 300,000 Rubles a MonthTyumen Residents on Incomes of 100,000 to 300,000 Rubles a Month
Tyumen Residents on Incomes of 100,000 to 300,000 Rubles a MonthResidents of Tyumen with monthly incomes from 100,000 to 300,000 rubles (about $1,000–$3,000 at current rates) have shared details about their finances and standard of living.
Feb 1, 2026
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“I Can Afford Everything”: Tyumen Residents on Salaries Up to 300,000 Rubles Monthly“I Can Afford Everything”: Tyumen Residents on Salaries Up to 300,000 Rubles Monthly
“I Can Afford Everything”: Tyumen Residents on Salaries Up to 300,000 Rubles MonthlyTyumen residents with monthly incomes in the hundreds of thousands of rubles share their earnings and spending, revealing the realities of middle-class life in the city.
Feb 1, 2026
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Volgograd Businessman Shocked by Price Hikes on Food and GasVolgograd Businessman Shocked by Price Hikes on Food and Gas
Volgograd Businessman Shocked by Price Hikes on Food and GasA businessman from Volgograd is stunned by post-holiday price increases at supermarkets and warns of a tough year ahead for small businesses and consumers.
Feb 1, 2026
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LDPR Leader Proposes Amnesty for Imported Crypto Mining EquipmentLDPR Leader Proposes Amnesty for Imported Crypto Mining Equipment
LDPR Leader Proposes Amnesty for Imported Crypto Mining EquipmentLeonid Slutsky, leader of the LDPR, has proposed an amnesty for mining equipment imported with documentation irregularities. He says this will expand the legal crypto sector.
Feb 1, 2026
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Child Benefit Amounts Change in UdmurtiaChild Benefit Amounts Change in Udmurtia
Child Benefit Amounts Change in UdmurtiaThe unified child benefit payment rules have been updated in Udmurtia, with new amounts taking effect in 2026.
Feb 1, 2026
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Ryazan police seize counterfeit Abibas goods worth 1.4 million rublesRyazan police seize counterfeit Abibas goods worth 1.4 million rubles
Ryazan police seize counterfeit Abibas goods worth 1.4 million rublesRyazan police have seized counterfeit clothing, shoes, and bags worth 1.4 million rubles from a store, leading to a criminal case against the 47-year-old owner.
Feb 1, 2026
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Kuban's Top Shift Jobs: 256,000 Rubles in 2025Kuban's Top Shift Jobs: 256,000 Rubles in 2025
Kuban's Top Shift Jobs: 256,000 Rubles in 2025In 2025, machine operators and smelters received the highest salary offers for shift work in Krasnodar Krai, with companies offering schedules up to 90 days.
Feb 1, 2026
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Russian Savings Reach 66.5 Trillion Rubles in 2025
Russian Savings Reach 66.5 Trillion Rubles in 2025According to VTB, the volume of savings among Russians grew by 16% in 2025 to 66.5 trillion rubles, with ruble deposits driving the increase.
Jan 31, 2026
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Car service and fuel expenses rise 46% over year
Car service and fuel expenses rise 46% over yearVTB clients spent 46% more on car maintenance than last year, with car washes showing the highest growth.
Jan 31, 2026
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Diesel rises, AI-95 steady: Voronezh fuel prices this weekDiesel rises, AI-95 steady: Voronezh fuel prices this week
Diesel rises, AI-95 steady: Voronezh fuel prices this weekDiesel fuel prices in Voronezh Oblast have continued to rise, surpassing 73 rubles per liter, while popular gasoline grades have seen slight decreases or remained unchanged, reports Voronezhstat.
Jan 31, 2026
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Deposit Agency Sues for 152 Million Rubles from PromTransBank Ex-ManagersDeposit Agency Sues for 152 Million Rubles from PromTransBank Ex-Managers
Deposit Agency Sues for 152 Million Rubles from PromTransBank Ex-ManagersThe Deposit Insurance Agency (ASV) is seeking to recover 152 million rubles (approximately $1.7 million at current rates) from the former top executives of the bankrupt PromTransBank through arbitration court.
Jan 31, 2026
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Russian Currency Scenarios: 100 Rubles per Dollar and Rising PricesRussian Currency Scenarios: 100 Rubles per Dollar and Rising Prices
Russian Currency Scenarios: 100 Rubles per Dollar and Rising PricesBeware of a sharp drop in the exchange rate.
Jan 31, 2026
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Most vegetables get more expensive in Voronezh over weekMost vegetables get more expensive in Voronezh over week
Most vegetables get more expensive in Voronezh over weekPrices for nearly all vegetables in Russia's Voronezh region rose again this week, following record increases in early January. Only onions and tomatoes saw minor price drops.
Jan 31, 2026
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Court orders Chelny resident to repay kickboxing club grantCourt orders Chelny resident to repay kickboxing club grant
Court orders Chelny resident to repay kickboxing club grantA court in Naberezhnye Chelny has ruled to recover 300,000 rubles (about $3,000 at current rates) from former entrepreneur Aidar Muzafarov for breaching a grant agreement.
Jan 29, 2026
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Reshetnikov outlines VAT adjustment options for Putin citing bakery caseReshetnikov outlines VAT adjustment options for Putin citing bakery case
Reshetnikov outlines VAT adjustment options for Putin citing bakery caseFormer Perm Krai governor Maxim Reshetnikov proposed tax rate reduction options for small businesses, inspired by a bakery owner's complaint to Putin.
Jan 29, 2026
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Irkutsk Region's State Debt Doubles, Government ExplainsIrkutsk Region's State Debt Doubles, Government Explains
Irkutsk Region's State Debt Doubles, Government ExplainsThe state debt of Irkutsk region doubled over the past year, reaching 82 billion rubles (approximately $820 million at current rates) as of January 1, 2026.
Jan 29, 2026
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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.
Jan 29, 2026
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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.
Jan 28, 2026
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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.
Jan 28, 2026
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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.
Jan 28, 2026
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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.
Jan 28, 2026
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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.
Jan 28, 2026
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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.
Jan 28, 2026
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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.
Jan 27, 2026
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