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Russia recorded weekly deflation driven by falling fuel prices, Switzerland adjusted its sanctions list, and gas flows to Turkey and a large Far East industrial project headline the day's economic news.
Rosstat reported a 0.04% decline in consumer prices from 27 October to 2 November, after a 0.08% rise the previous week. Interfax notes this is the first weekly deflation since late August, now driven by a 2.04% fall in gasoline prices; diesel fell 0.15%. The Ministry of Economic Development estimated annual inflation at 6.95% as of 2 November. Year-to-date inflation is 6.20%, while gasoline is up 16.15%, so fuel costs remain a pressure point for logistics-dependent businesses.
Source: Interfax, 7 Nov 2026
Switzerland removed Alisher Usmanov and Mikhail Fridman from its sanctions list, following the EU decision of 22 September, according to SECO data cited by RBC. At the same time it added 254 entries, including 33 Russian banks, 17 financial organisations, four airports, two ports and 41 vessels linked to the oil "shadow fleet". For foreign firms, the net effect is tighter exposure to Russian banking and shipping counterparties.
Source: Spot.uz (citing RBC), 7 Nov 2026
Gazprom said its October pipeline deliveries to Turkey rose 78% compared with September. Volumes in the first five days of November were almost four times the level of the same period in October and September. Gazprom also cited Gas Infrastructure Europe data showing a record daily withdrawal from European storage on 5 November, 34% above the previous maximum. The figures come from the company and are not independently confirmed.
Source: Interfax, 7 Nov 2026
Prime Minister Mikhail Mishustin signed a decree extending the Khabarovsk priority development territory to cover a site in the Tuguro-Chumikansky district. The zone will host a mining and metallurgical cluster based on the Milkan iron ore occurrence. Investment will exceed RUB 667 billion, with about 3,200 jobs planned. Priority-zone status typically brings tax and infrastructure incentives for investors.
Source: Interfax, 8 Nov 2026
A source close to the Ministry of Industry and Trade told Interfax that funding for the preferential car loan programme in 2027 could increase by RUB 10.4 billion, to RUB 17.4 billion, ahead of the second Duma reading of the budget. The first-reading draft contained RUB 7 billion. The 2026 allocation of RUB 20 billion was exhausted by the end of the third quarter. Drawing on the 2027 limits is due to begin on 1 December 2026, which supports demand for car makers and dealers.
Source: Interfax, 7 Nov 2026
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