However, the rebound was accompanied by falling employment levels and the weakest business confidence since mid-2023.(chart) ... Russian services sector posts 52.2 in May, ...

Russian Economy Dealt Blow With Slumping Oil Prices. Published Apr 23, 2025 at 3:00 AM EDT Updated Apr 23, 2025 at 7:39 PM EDT ... posing a challenge to the country's sanction-hit economy.

Russian economy grows at slowest pace in 2 years—a plunge in oil prices could make things much worse. ... the Russian central bank has hiked interest rates to 21% in a bid to slow down price rises.

Russian Economy Braces for Blow From Collapsing Oil Price Photo-illustration by Newsweek/Getty. Although Trump pressed pause on the tariffs he announced last week on multiple countries—with the ...

Five key challenges for the Russian economy in 2025. By Reuters. January 23, 2025 8:01 AM UTC Updated January 23, 2025 ... A line chart comparing inflation metrics over the past five years.

That's not disputed by Russian officials, with the Economic Development Ministry predicting that economic growth will slow from 4.3% in 2024 to 2.5% this year. "The economy is not demobilizing; it ...

MOSCOW, April 25. /TASS/. To all appearances, the incremental growth rates of investments in the Russian economy will slow down, Central Bank chief Elvira Nabiullina said at the press conference ...

The Russian economy has lived many lives since the full-scale invasion of Ukraine. After the initial shock of the invasion wore off, the country experienced a dramatic sugar high thanks to historic ...

According to the International Monetary Fund, in real GDP terms the Russian economy suffered a modest 1.2 percent decline in 2022, with 3.6 percent growth in 2023. The Russian government announced ...

"Over the past two years, the Russian economy grew by 4.1%," he said. "The external trade also retained its positive dynamics. Despite sanctions, the past year’s trade grew by $3.8 billion, to ...

A shadowy network of ships has registered in Gabon, highlighting how Vladimir V. Putin is building an economy beyond the reach of Western sanctions. By Rebecca R. Ruiz and Jacob Judah Reporting ...