Latest Economy News from Russia

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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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.
Jan 27, 2026
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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.
Jan 27, 2026
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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.
Jan 27, 2026
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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.
Jan 27, 2026
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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%.
Jan 27, 2026
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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.
Jan 27, 2026
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