Russia Economic Briefing
The Russia Economic Briefing brings together all of Eastern Economy's coverage of the Russian
economy: growth and inflation data, central bank policy, government and institute forecasts, industry, trade
and energy. It is published in partnership with the German-Russian Chamber of Commerce
(Deutsch-Russische Auslandshandelskammer). The weekly chronicles by
Klaus Dormann appear in his own section.
All articles are translated from the German originals on ostwirtschaft.de.
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Russia's super-rich are losing money in 2026: According to Bloomberg's Billionaires Index, their total wealth has shrunk by about $21 billion since the beginning of the year. The index…
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According to the Ministry of Industry and Trade, the number of industrial robots in Russia grew by about 11% last year, to 21,857 units. However…
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Russia's economy grew by 1.3% in the second quarter of 2026 compared with the same quarter a year earlier. Following a 0.2% decline in the first quarter, growth remained steady over the first…
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Since numerous foreign cosmetics companies withdrew from Russia in 2022, Russian manufacturers have been gaining an increasing share of the market. According to the National Consumer Protection Association, the market share was…
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In May 2026, the world's most powerful particle accelerator, the Large Hadron Collider (LHC) at the CERN nuclear research center near Geneva, made Albertus Magnus's dream a reality,…
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Today, millions upon millions of people around the globe use AI models in their daily lives, while CEOs are exploring optimal AI-driven business models to cut costs and maximize profits. The transformation…
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“Russia’s economic model has nearly reached its limits; the new cycle must be structured differently—and this must begin as early as 2027.” With these cautionary words, …
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According to market research firm BusinessStat, Russia's restaurant market has doubled in revenue since 2021, reaching 4.29 bio rubles—equivalent to approximately 45 billion euros. No segment accounts for…
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The annual growth rate of Russian bank deposits slowed from 23% to 10.4% over the course of two years. Experts attribute the declining savings rate to the end of two…
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According to the market research firm BusinessStat, the market size of the Russian cleaning industry in 2025 was 711 billion rubles, equivalent to 7.2 billion euros. The…
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Late last week, Alexander Schochin, president of the RSPP business association and the Russian president’s ombudsman for entrepreneurs’ rights, gave an interview to the business portal…
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Russia's online retail sector generated 11.5 trillion rubles in revenue in 2025, equivalent to approximately 130 billion euros, representing a 28% increase. Wildberries and Ozon account for about 70% of the market; new regulations will take effect in October 2026.
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The Russian banking sector remains profitable, but is struggling with an increase in non-performing loans, sanctions, and the decline of small banks.
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President Vladimir Putin acknowledged on Sunday that lines are forming at Russian gas stations.
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The Russian Central Bank has lowered the deposit rate from 14.50% to 14.25% for the ninth consecutive time.