In July, Russia's manufacturing sector posted its steepest contraction in three years.

Russia's central bank today lowered interest rates to 18% from 20% earlier, its steepest cut in more than three years as ...

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

Amid worsening inflation, Russia is preparing to cap prices on staple food items, a move analysts say signals a shift toward ...

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

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 ...

Friday marked the second-straight time the Bank of Russia cut its interest rate after it lowered borrowing costs in early ...

Russia’s private sector output contracted in July at the fastest pace since October 2022, with both manufacturing and ...

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

Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that "inflation has really subsided markedly over the past few months. The ...