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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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.
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Tomorrow's interest rate meeting of the Russian Central Bank is being awaited with great anticipation.
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New research shows how Russian liquefied natural gas continues to reach Europe through long-term contracts and shapes the market there.
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Russia's commodity exports are booming as a result of the Middle East crisis. Oil, fertilizer, and helium are becoming major sources of revenue for Moscow.
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China and Russia are strengthening their cooperation and focusing on long-term shared interests in Eurasia.
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China is hesitating over Power of Siberia 2, while economic cooperation with Russia continues to develop.
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Japan's economic interest in Russia is growing again despite sanctions, particularly in the energy, raw materials, and automotive sectors.
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Russia wants to reduce its dependence on the West for seeds—with consequences for crop yields, prices, and the agricultural sector.
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Despite lower revenue from natural resources, the tax burden on businesses in Russia has risen to its highest level in years.
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Stricter tax audits and higher taxes are driving millions of citizens and businesses in Russia back to cash.
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Generation Z dreams of a house in the countryside: In Russia, interest in village life, home ownership, and traditional wooden houses is growing.
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Following an embargo, supply disruptions, and new EU regulations, the Druzhba pipeline is losing its former importance to Europe’s oil supply.
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Rosatom is planning nuclear energy projects in Kazakhstan, Uzbekistan, and Kyrgyzstan, but financing and access to technology remain risks.