Russia
Russia
The Russian Central Bank is keeping its key interest rate at 14% and raising its inflation forecast. Nevertheless, the wiiw is sticking to its growth projections of 0.6% for 2026 and 1.3% for 2027—almost exactly in line with the government’s projections.
Russia
German companies are facing ever-increasing competition from Chinese suppliers, who have long since moved beyond competing solely on price and are now making enormous strides in terms of quality and technology…
Russia
On display at the Bread Museum in St. Petersburg is a small gray loaf of bread weighing 125 grams, baked according to a recipe from the time of the Siege of Leningrad.…
Russia
For 2026, nearly all forecasts predict growth of only 0.5 to 1% in Russia. For 2027, estimates vary: the IMF, World Bank, OECD, and EBRD project a maximum of 0.9%, while the government expects growth to double to 1.4%.
Russia
Since October of last year, server prices in Russia have more than doubled on average, while prices for cloud services rose during the same…
Russia
This summer, more Russians are traveling abroad again: Between 6.4 and 6.8 million Russians are choosing travel destinations during the three summer months of June, July, and August…
Russia
For several years now, China has been flooding not only the Russian auto market but also the tire market. According to Chinese customs authorities, China exported tires last year in the amount of…
Russia
Until now, anyone selling cigarettes in Russia has not needed a permit to do so. That is set to change. Starting March 1, 2027, a license will be required for…
Russia
Since October 2, Russia has been imposing a 35% import duty on dietary supplements from countries that have imposed sanctions on Russia and are therefore considered “unfriendly.”…
Russia
Since the end of September, private individuals—regardless of their nationality—have been allowed to take a maximum of 1 million rubles in cash into neighboring countries, equivalent to approximately 10,700…
Russia
Since 2022, Russia has been striving for greater technological sovereignty in the healthcare sector. However, the import substitution of medical technology has been slow. Between 2022 and 2025, …
Russia
The World Bank (0.8%) and BOFIT (1%) project Russia's growth in 2026 to be slightly higher than the government's forecast, but significantly weaker in 2027. The government expects fixed investment to plummet by 5.4% in 2026.
Russia
In its July forecast for Russia, the International Monetary Fund (IMF) projects growth of 1.1% for both 2026 and 2027. The IMF thus maintains its…
Russia
Consumer spending growth in Russia is slowing. The Ministry of Economic Development’s “consumer activity” indicator rose 2.9% in August compared with the same month a year ago, following a 6% increase in…
Russia
At this year's Eastern Economic Forum in Vladivostok, held from September 1 to 4, top Russian politicians and business leaders discussed current economic developments, including the gasoline crisis and the decree…