Latest Economy News from Russia

Medical Workers in Zabaykalsky Krai Miss Annual Bonuses Due to Lack of Federal FundsMedical Workers in Zabaykalsky Krai Miss Annual Bonuses Due to Lack of Federal Funds
Medical Workers in Zabaykalsky Krai Miss Annual Bonuses Due to Lack of Federal FundsMedical workers in Zabaykalsky Krai's compulsory health insurance system did not receive their annual bonuses for 2025 due to a lack of federal funds, and they may not get them in 2026 either.
New Central Bank Powers Threaten Visa and Mastercard BlockingNew Central Bank Powers Threaten Visa and Mastercard Blocking
New Central Bank Powers Threaten Visa and Mastercard BlockingA new bill granting the Bank of Russia authority to limit bank card validity could lead to the blocking of millions of Visa and Mastercard cards and increased costs, sparking a dispute with banks.
Over a Thousand Rubles for Basic Items: Grocery Shopping Costs in NovosibirskOver a Thousand Rubles for Basic Items: Grocery Shopping Costs in Novosibirsk
Over a Thousand Rubles for Basic Items: Grocery Shopping Costs in NovosibirskA shopping trip for ten basic food items in Novosibirsk costs an average of 1,215 rubles ($14). NGS checked prices before an upcoming VAT increase.
Russia to simplify utility bill reductions for service disruptionsRussia to simplify utility bill reductions for service disruptions
Russia to simplify utility bill reductions for service disruptionsThe Russian government is preparing to introduce automatic recalculation of utility bills for poor-quality services or excessive interruptions. The change would move to a no-application system based on meter readings.
Why Microloan Borrowing Halved in Kurgan OblastWhy Microloan Borrowing Halved in Kurgan Oblast
Why Microloan Borrowing Halved in Kurgan OblastThe Bank of Russia reported that microloan issuance in Kurgan Oblast dropped by half from January to September 2025, attributed to new credit restrictions aimed at reducing over-indebtedness.
Ufa Included in Global Most Expensive Cities RankingUfa Included in Global Most Expensive Cities Ranking
Ufa Included in Global Most Expensive Cities RankingUfa has been included in a worldwide list of the most expensive cities to live in, with several Swiss cities leading the ranking.
Coffee Prices Soar in Arkhangelsk: Time for Tea or Chicory?Coffee Prices Soar in Arkhangelsk: Time for Tea or Chicory?
Coffee Prices Soar in Arkhangelsk: Time for Tea or Chicory?A blow to the wallet awaits shoppers in stores and coffee shops.
Altai Krai to increase one-time childbirth allowanceAltai Krai to increase one-time childbirth allowance
Altai Krai to increase one-time childbirth allowanceIn Altai Krai, the one-time childbirth allowance will be increased, with payments for employed parents handled automatically by employers.
State Price Committee Explains Yakutia Utility Tariff IncreaseState Price Committee Explains Yakutia Utility Tariff Increase
State Price Committee Explains Yakutia Utility Tariff IncreaseThe cost of housing and communal services will increase by another 15% this year.
Russia to raise unemployment benefits from February 2026Russia to raise unemployment benefits from February 2026
Russia to raise unemployment benefits from February 2026The maximum monthly unemployment payout will increase to 15,886 rubles (about $177) starting February 1, 2026, as announced by the Ministry of Labour and Social Protection.
Top 3 Professions Earning Over 150,000 Rubles Monthly in YakutiaTop 3 Professions Earning Over 150,000 Rubles Monthly in Yakutia
Top 3 Professions Earning Over 150,000 Rubles Monthly in YakutiaShift workers in Yakutia have seen their salaries rise by up to 58% in a year, with industrial and technical jobs leading the way, according to employment platform data.
Salaries Up to 170,000: Top-Paying Blue-Collar Jobs in PrimoryeSalaries Up to 170,000: Top-Paying Blue-Collar Jobs in Primorye
Salaries Up to 170,000: Top-Paying Blue-Collar Jobs in PrimoryeIn Primorye, concrete workers are now the highest-paid blue-collar professionals, with average monthly salaries reaching 171,300 rubles (approximately $1,700 at current rates) in 2025.
Coffee prices soar in Russia, raising cost per cupCoffee prices soar in Russia, raising cost per cup
Coffee prices soar in Russia, raising cost per cupConsumers face higher costs as coffee prices surge in Russian stores and cafes, impacting daily budgets.
ZabSU Students Develop Robotic Excavator PrototypeZabSU Students Develop Robotic Excavator Prototype
ZabSU Students Develop Robotic Excavator PrototypeStudents at Zabaikalsky State University have completed the main phase of work on a robotic excavator prototype, which will be tested in the region's coal mines and quarries.
Federal ministry upholds unrealistic export targets for Rostov regionFederal ministry upholds unrealistic export targets for Rostov region
Federal ministry upholds unrealistic export targets for Rostov regionRussia's Agriculture Ministry has refused to adjust inflated export targets for the Rostov region and has even raised them for the coming year. The region's government says it missed last year's $7.1 billion goal by a wide margin.
Moscow didn't understand: Rostov region stuck with failed export planMoscow didn't understand: Rostov region stuck with failed export plan
Moscow didn't understand: Rostov region stuck with failed export planThe Russian Ministry of Agriculture has refused to revise the agricultural export targets for the Rostov Region, even increasing the goal for 2026 after a significant shortfall last year.
Who pays the most taxes into the Voronezh Region budgetWho pays the most taxes into the Voronezh Region budget
Who pays the most taxes into the Voronezh Region budgetThe budget of Voronezh Region has grown steadily over the last five years, with tax payments playing a crucial role. The main contributors to the regional treasury are identified in this ranking of the top 50 companies.
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.