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.

Russia's manufacturing sector experienced its most significant contraction since March 2022, driven by weak demand 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 ...

Russia's GDP grew 1.4% in the first quarter of the year from a year ago, according to Rosstat, the country's official statistics service. This is a sharp slowdown from the 4.5% growth it posted in ...

Russia’s economy contracted in the first quarter of this year in real terms, even though it put in a nominal 1.4% of growth. It seems that Nabiullina has overdone the slowdown.

ST PETERSBURG, Russia (Reuters) -The Russian economy has adapted to Western sanctions and inflation is now slowing, but turbulent times and major technological shifts lie ahead, central bank ...

Belarus faces economic challenges with diminished support from Russia, as GDP growth slows and inflation rises amid a ...

Russian officials are telegraphing a slowdown of the country’s war economy -- the first major slump since the launch of the Kremlin’s invasion of Ukraine more than 40 months ago. What it means ...

ST. PETERSBURG, Russia (AP) — Russia's economy is “on the brink of going into a recession,” the country's economy minister said Thursday, according to Russian media reports.

Nayara Energy, an Indian refiner backed by Russia, has scaled back operations at its 400,000 bpd refinery due to recent EU ...

Minister of Economic Development of the Russian Federation Maxim Reshetnikov attends a plenary session of the St. Petersburg International Economic Forum in St. Petersburg, Russia, on June 19, 2025.