2+ hour, 47+ min ago  (982+ words) Russia's construction industry boomed in the first years of the war in Ukraine as Russians sought refuge from sanctions, economic uncertainty and a weakening ruble by investing in property, while generous state-backed mortgages fueled demand. But these days, the sector…...

1+ day, 1+ hour ago  (321+ words) Russian stocks tumbled more over 4% on Monday to hit their lowest level in more than three years, extending a 15-week decline after the'Central Bank's modest interest rate cut last week, which signaled that high borrowing costs will likely persist longer…...

4+ day, 5+ hour ago  (232+ words) The Moscow Times Russia's Central Bank lowered its key interest rate from 14. 5% to 14. 25% on Friday, marking its ninth consecutive cut since beginning a policy of monetary easing after previously hiking borrowing costs to a two-decade high to curb surging inflation....

1+ week, 6+ day ago  (636+ words) Growing discrepancies between Russia's official industrial production statistics and independent estimates are raising questions among economists about the reliability of government data at a time when policymakers are trying to gauge the strength of the wartime economy. Since the start…...

1+ mon, 1+ week ago  (250+ words) President Vladimir Putin said Friday that government measures to stabilize the Russian economy have begun yielding "positive results," even as the Kremlin this week slashed its annual growth outlook by two-thirds. During a televised meeting with officials, Putin highlighted 1. 8% growth…...

1+ mon, 1+ week ago  (532+ words) Russia sharply downgraded its economic growth forecast for 2026, signaling the government is bracing for a prolonged slowdown as weaker oil revenues, high inflation and heavy wartime spending strain the economy. Deputy Prime Minister Alexander Novak said the government now expects…...

1+ mon, 2+ week ago  (346+ words) Russia's economy contracted at the beginning of the year as weak business activity and declining oil and gas revenues strained public finances. Gross domestic product, which measures all the goods and services produced in the economy, fell by 0. 5% year-on-year between…...

1+ mon, 4+ week ago  (406+ words) Russia's Central Bank lowered its key interest rate from 15% to 14. 5% on Friday, marking its eighth consecutive cut since beginning a policy of monetary easing after previously hiking borrowing costs to a two-decade high to curb surging inflation. The 50-basis-point cut…...

2+ mon, 23+ hour ago  (407+ words) More than half of Russians have abandoned plans to renovate their homes over the past three years, with most citing a lack of funds as the primary obstacle, according to a survey reported by the Gazeta. ru news website on…...

2+ mon, 2+ day ago  (375+ words) A majority of Russian companies have effectively frozen hiring through the end of the year as weakening demand ripples through the economy, according to a report by the Central Bank. The findings point to a broad shift in the labor…...