Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.

Russia’s economic outlook is growing increasingly uncertain as it grapples with manufacturing declines and inflationary ...

The IMF now expects Russia's economy to grow 0.9% in 2025, down from the 1.5% it had projected in April.

Russia's central bank on Friday lowered interest rates to 18 percent from 20 percent earlier, its steepest cut in more than ...

Russian authorities are increasingly restricting access to core government statistics, including economic, demographic and ...

Russia’s economy is weakening beneath wartime spending and sanctions pressure. With banking stress rising, oil revenue shrinking, and Trump’s new ultimatum looming, the cracks are now impossible to ...

Military production and defense spending are propping up Russia's economy and may shape its future long after the war in ...

In June, Russia's manufacturing Purchasing Managers' Index sank to 47.5 — its sharpest pace of contraction since March 2022, according to S&P Global.

The bank’s governor, 58-year-old Elvira Nabiullina, said that they could accelerate the rate cut if the economy slows down ...

Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

Russia's economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls into one or not, Economy Minister Maxim Reshetnikov warned on Thursday.