Russia appears to be "addicted" to military spending to keep its economy propped up, a think tank said this week.

Russia’s services and manufacturing sectors expanded at their fastest pace in a year in January, driven by improved demand conditions and a sharp rise in new orders, according to the latest Purchasing ...

According to the first estimate of Rosstat, Russia's GDP growth at the end of 2023 reached 3.6% MOSCOW, February 28. /TASS/. Russia’s GDP in January 2024 grew by 4.6% in annual terms after 4.4% ...

Sweden’s finance minister has raised scepticism about Russia’s official figures describing the state of the Russian economy, arguing that the inflation figures from its central bank are an ...

The Russian ruble is back. The USD/RUB exchange rate has retreated from last year’s high of 114.45 to the current 98.30, its ...

Russia’s economy may continue to shrink in 2023. Its GDP is forecast to decline by 2.5% in the worst-case scenario (OECD) or by 0.2% according to the World Bank. The IMF expects growth in 2023 (0.7%).

MOSCOW, Jan 23 (Reuters) - The Russian economy has shown resilience during ... including a stop to state home loan subsidies. A line chart comparing inflation metrics over the past five years.

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. Its figures are, if not rosy, not ruinous either. Last year, the war economy likely grew ...

Russia's economy has been diminished by its invasion of Ukraine, and it could end up looking like it did at the end of the Cold War era as critical components of growth deteriorate, according to ...