Russia's inflation has reached 9.5% this year, according to new weekly data showing that the consumer price index rose by ...

Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending ...

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...

Russia’s economy is facing skyrocketing inflation, with food prices hitting record highs. President Putin reveals what’s next ...

This holiday season, many Russians are tightening their belts. Stubborn inflation has driven up prices of staples such as ...

Contributing factors to inflation include increased military production, labor shortages, and a weakening ruble.

To curb accelerating inflation fueled by war expenditures, Russia's Central Bank has raised its interest rate from 7.5% in July 2023 to the current 21% — the highest level since the early 2000s.

Russia is poised for another aggressive rate hike on Friday as the central bank continues to find little success in tackling ...

The Bank of Russia held its key interest rate at a record-high 21%, surprising most analysts who’d expected policymakers to ...

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...