Latest Economy News from Russia

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.
Utility bill payment deadlines shift in Russia from 2026Utility bill payment deadlines shift in Russia from 2026
Utility bill payment deadlines shift in Russia from 2026Starting March 2026, Russians will have new deadlines for paying utility bills, with the due date moving from the 10th to the 15th of each month.
Russia's Elderly Await 13th Pension as Inflation Idea FaltersRussia's Elderly Await 13th Pension as Inflation Idea Falters
Russia's Elderly Await 13th Pension as Inflation Idea FaltersThe chairman of the State Duma's labor committee and independent economists weigh in on the long-standing proposal for a 13th pension to help retirees cope with inflation.
Chelyabinsk Factory Owned by Forbes Billionaire May Switch to Three-Day WeekChelyabinsk Factory Owned by Forbes Billionaire May Switch to Three-Day Week
Chelyabinsk Factory Owned by Forbes Billionaire May Switch to Three-Day WeekEmployees at the Kopeysk Machine-Building Plant report plans for a shortened work week from February, but management and regional authorities have given brief or contradictory responses.
Russian Pensioners to Get Higher Payments: Who Qualifies and AmountRussian Pensioners to Get Higher Payments: Who Qualifies and Amount
Russian Pensioners to Get Higher Payments: Who Qualifies and AmountStarting April 1, 2026, social pensions in Russia will be indexed by 6.8%, but not all retirees will benefit.
Cucumber Prices Triple, Potatoes Rise Slightly in BashkortostanCucumber Prices Triple, Potatoes Rise Slightly in Bashkortostan
Cucumber Prices Triple, Potatoes Rise Slightly in BashkortostanA survey of stores in Ufa shows how prices for vegetables and eggs have shifted over the past three months.
Over 40 benefits and payments to rise in Russia from February 1Over 40 benefits and payments to rise in Russia from February 1
Over 40 benefits and payments to rise in Russia from February 1More than 40 social benefits and payments in Russia will be indexed by 5.6% starting February 1, with increases affecting maternity capital and other family support programs.
Russian Finance Ministry to limit cash ATM depositsRussian Finance Ministry to limit cash ATM deposits
Russian Finance Ministry to limit cash ATM depositsA transition period is planned for the new limit on depositing cash through ATMs.
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.