Latest Economy News from Russia

Overdue Loan Debt Drops for Transbaikal Residents After Year of GrowthOverdue Loan Debt Drops for Transbaikal Residents After Year of Growth
Overdue Loan Debt Drops for Transbaikal Residents After Year of GrowthResidents of Transbaikal have intensified debt repayment efforts by December 2025, resulting in the first decrease in overdue loan amounts in a year.
Expert advises changing bank cards every 3-5 years for securityExpert advises changing bank cards every 3-5 years for security
Expert advises changing bank cards every 3-5 years for securityBank cards should be replaced at least every five years to protect funds from fraud, according to Petr Shcherbachenko of Russia's Financial University.
Bananas and sugar prices spike in RyazanBananas and sugar prices spike in Ryazan
Bananas and sugar prices spike in RyazanA new infographic shows the weekly price changes for various products in the Ryazan region.
Central Bank reports 2025 inflation slowdown, price hikes in Voronezh regionCentral Bank reports 2025 inflation slowdown, price hikes in Voronezh region
Central Bank reports 2025 inflation slowdown, price hikes in Voronezh regionPrices rose in the Voronezh region in 2025, but annual inflation slowed to 5.34% by December, with the Central Bank noting some items, like butter, became cheaper.
Every Third Mortgage Borrower Used Maternity Capital in 2025
Every Third Mortgage Borrower Used Maternity Capital in 2025The use of maternity capital in mortgage deals grew by over 70% in 2025. According to VTB, every third borrower utilized this social payment, setting a record for the program.
Samara Region Outstripped St. Petersburg and Moscow. But Don't You Dare RejoiceSamara Region Outstripped St. Petersburg and Moscow. But Don't You Dare Rejoice
Samara Region Outstripped St. Petersburg and Moscow. But Don't You Dare RejoiceThe Bank of Russia reported Samara Region's inflation rate for December 2025. Only 14 other Russian regions are doing worse.
Cheap Sugar, Expensive Restaurants: Inflation Rises in Trans-UralsCheap Sugar, Expensive Restaurants: Inflation Rises in Trans-Urals
Cheap Sugar, Expensive Restaurants: Inflation Rises in Trans-UralsAnnual inflation in the Trans-Urals region increased to 6.49% in December, with sugar and other staples falling in price while restaurants and cafes saw hikes.
Yakutia allocates 8.5 million rubles for head's salary in 2026Yakutia allocates 8.5 million rubles for head's salary in 2026
Yakutia allocates 8.5 million rubles for head's salary in 2026The budget of Yakutia for 2026 has allocated 8.5 million rubles for the salary of the republic's head, Aisen Nikolaev, with millions more for his special flights.
Tula Region inflation at ~7%, above national averageTula Region inflation at ~7%, above national average
Tula Region inflation at ~7%, above national averageAnnual inflation in the Tula region fell to around 7% in December 2025, though price growth remains higher than the national average of 5.6%.
Authorities decline to list halted construction projects in Irkutsk OblastAuthorities decline to list halted construction projects in Irkutsk Oblast
Authorities decline to list halted construction projects in Irkutsk OblastThe head of the Ministry of Construction addressed the issue of suspending and rescheduling projects in late 2025.
Kuzbass 2025 Earnings Driven by Metallurgy, Coke, and ChemicalsKuzbass 2025 Earnings Driven by Metallurgy, Coke, and Chemicals
Kuzbass 2025 Earnings Driven by Metallurgy, Coke, and ChemicalsOn January 27, Kuzbass's Industry Minister reported that the region's heavy industries earned hundreds of billions of rubles in 2025, with metallurgy leading the way.
Why Kurgan Residents Are Saving on Food: An AnalysisWhy Kurgan Residents Are Saving on Food: An Analysis
Why Kurgan Residents Are Saving on Food: An AnalysisWe examine consumer market trends with experts to understand why people are cutting food costs.
Even Rich Notice as Russian Restaurants Close, Delivery GrowsEven Rich Notice as Russian Restaurants Close, Delivery Grows
Even Rich Notice as Russian Restaurants Close, Delivery GrowsRussia's restaurant industry is facing one of its toughest periods in years, with closures outpacing openings and delivery services surging.
Yakutia Airline Launches Flights to Harbin and KrasnodarYakutia Airline Launches Flights to Harbin and Krasnodar
Yakutia Airline Launches Flights to Harbin and KrasnodarYakutia airline has opened ticket sales for flights to Harbin and Krasnodar. The flights will commence in March, as reported on January 26.
Bank Saint Petersburg Reports 39.7 Billion Rubles Net Profit for 2025
Bank Saint Petersburg Reports 39.7 Billion Rubles Net Profit for 2025Bank Saint Petersburg has summarized its financial results for 2025. The credit institution's net profit amounted to 39.7 billion rubles (approximately $441 million at current rates), which is 21.9% lower than the 2024 figure.
Don't Wait for Pension: Benefits for Those Nearing RetirementDon't Wait for Pension: Benefits for Those Nearing Retirement
Don't Wait for Pension: Benefits for Those Nearing RetirementA complete guide to all support measures for pre-retirement citizens in Russia, with automatic status assignment in 2026 simplifying access to benefits.
Meat prices up, butter down in Udmurtia over yearMeat prices up, butter down in Udmurtia over year
Meat prices up, butter down in Udmurtia over yearStatistical data from Udmurtstat reveals how prices for meat, dairy, and baby food have changed in Udmurtia over the past year.
Young Tula police receive million for village relocationYoung Tula police receive million for village relocation
Young Tula police receive million for village relocationA new program in Tula region will offer one million rubles to young police officers who relocate to villages, starting February 1.
February utility bills in Yaroslavl will increaseFebruary utility bills in Yaroslavl will increase
February utility bills in Yaroslavl will increaseThe increase in payments is due to the rise in VAT and tariff adjustments that came into effect on January 1.
Yaroslavl residents to receive higher utility bills in FebruaryYaroslavl residents to receive higher utility bills in February
Yaroslavl residents to receive higher utility bills in FebruaryAuthorities in Yaroslavl have explained that increased utility bills in February are due to new tariffs and a higher VAT rate effective from January 1, 2026.
Russia's New Payment Code Aims to Simplify Life but Poses RisksRussia's New Payment Code Aims to Simplify Life but Poses Risks
Russia's New Payment Code Aims to Simplify Life but Poses RisksRussia will introduce a universal payment code from 1 September to streamline transactions, but experts warn that system failures could paralyze all payments nationwide.
Kurgan residents discuss utility bill hike from JanuaryKurgan residents discuss utility bill hike from January
Kurgan residents discuss utility bill hike from JanuaryNew utility bills are imminent as tariffs in Kurgan are set to rise from January and October, sparking over 40 comments from concerned locals.
Professor slams sharp increase in Volgograd capital repair feesProfessor slams sharp increase in Volgograd capital repair fees
Professor slams sharp increase in Volgograd capital repair feesEconomist Igor Belsky criticized the increase in capital repair contributions in Volgograd Oblast, stating that the tariff growth is five times higher than inflation and undermines residents' well-being.
Economics professor slams Volgograd repair fee hike as administrative abuseEconomics professor slams Volgograd repair fee hike as administrative abuse
Economics professor slams Volgograd repair fee hike as administrative abuseIgor Belskykh, an economics professor, says the sharp increase in major repair charges in Volgograd harms residents' finances and reduces regional welfare.
FAS to Strike at Tariffs: How This Will Affect Utility BillsFAS to Strike at Tariffs: How This Will Affect Utility Bills
FAS to Strike at Tariffs: How This Will Affect Utility BillsUnjustified utility charges exceeding 102 billion rubles (approximately $1.4 billion at current rates) have been uncovered, prompting a legislative change that grants the Federal Antimonopoly Service new powers.