Latest Economy News from Russia

Alcohol and cigarette prices surge in Moscow after excise hikeWith excise taxes raised, Muscovites wonder if they will drink less or switch to moonshine.

Mar 9, 2026

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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.

Mar 9, 2026

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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.

Mar 7, 2026

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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.

Mar 7, 2026

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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.

Mar 7, 2026

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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).

Mar 7, 2026

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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.

Mar 6, 2026

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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.

Mar 6, 2026

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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.

Mar 6, 2026

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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.

Mar 6, 2026

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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.

Mar 6, 2026

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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.

Mar 6, 2026

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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.

Mar 6, 2026

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Russian Finance Ministry to limit cash ATM depositsA transition period is planned for the new limit on depositing cash through ATMs.

Mar 5, 2026

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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.

Mar 4, 2026

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Export maintenance: Arkhangelsk Oblast's second front against sanctionsWe discussed the economy and business in Arkhangelsk Oblast with Governor Alexander Tsybulsky.

Mar 4, 2026

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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.

Mar 3, 2026

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Pension and child benefit payment dates to change in Voronezh Region in FebruaryThe changes are due to weekends and the Defender of the Fatherland Day holiday.

Mar 3, 2026

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Market-Rate Mortgage Borrowers More Active in Early RepaymentIn 2025, clients who took out mortgages at market rates significantly more often resorted to early repayment compared to borrowers under preferential programs. Such data is provided by VTB.

Mar 3, 2026

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Gasoline prices for AI-92 and AI-95 rise in YekaterinburgPrices for AI-92 and AI-95 gasoline have increased at filling stations in Yekaterinburg, while diesel fuel costs have stayed largely the same.

Mar 3, 2026

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Gasoline Prices Rise in Yekaterinburg; Diesel Holds SteadyAt fuel stations in Yekaterinburg, prices for 92 and 95 octane gasoline have increased, while the rise in diesel fuel costs has nearly stopped.

Mar 3, 2026

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Utility payment deadlines extended in Krasnodar KraiNew amendments will come into effect this spring.

Mar 3, 2026

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Zabaykalsky Krai Names 23 Professions Facing Worker ShortageIn January 2026, 23 professions remain in short supply in Zabaykalsky Krai, with more job openings than applicants, according to HeadHunter data.

Mar 2, 2026

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Paying at checkout may fail: issues with Visa and Mastercard cardsVisa and Mastercard cardholders face potential payment rejections at terminals due to expired security certificates, increasing data theft risks.

Mar 2, 2026

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Altai Krai Ranks 27th in Russia for Consumer LendingAltai Krai placed 27th out of 50 Russian regions in terms of loans issued to residents, according to data from the United Credit Bureau (OKB).

Mar 2, 2026

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