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Articles with tag "Inflation"
Nabiullina vs. Stagflation: Can Putin's Top Technocrat Save the Russian Economy Once Again?
The Central Bank head, seen as Putin's most capable technocrat, is facing scrutiny from businesses and Kremlin allies amid stubborn inflation.
Butter Prices Spike in Russia. Dairy Producers Blame Ice Cream
The surging prices have led to increased thefts in some supermarkets and prompted Moscow to boost imports of the staple good.
2 Min read
Russia’s Central Bank Chief Vows ‘Tough’ Response in Fight Against Inflation
“We’re not planning to take any shortcuts as we move toward our 4% target,” Russian Central Bank Governor Elvira Nabiullina told lawmakers.
2 Min read
Russia’s Central Bank Raises Key Rate to Historic 21%, Signals Aggressive Fight to Curb Inflation
Inflation continues to weigh on Russia’s economy amid surging military spending for the war in Ukraine.
2 Min read
Russia’s Inflation Down Only Marginally in September, Beginning of October
The market expects the key interest rate to rise to at least 20%, especially after the government drafted a 2025-2027 federal budget seen as pro-inflationary...
2 Min read
Analysts Raise Inflation Forecasts Due to Russian Budget
One of the strongest pro-inflationary factors is a 12% rise in housing and utility tariffs, which could add 0.5 percentage points to inflation in 2025...
2 Min read
Russia’s 2025 Budget Seen as Pro-Inflationary – Analysts
The 2025 budget boosts military spending by 25%, with the Russian Central Bank warning of fiscal risks to inflation.
1 Min read
Russia’s Central Bank Raises Rates to 19% as Inflation Ticks Up
“Growth in domestic demand is still significantly outstripping the capabilities to expand the supply of goods and services,” the bank said.
3 Min read
Russian Food Suppliers Warn of Price Hikes Up to 40%
Industry insiders blame high inflation and expensive loans, as well as the rising costs of shipping and raw materials.
2 Min read
Russian Inflation Rises Once Again in May
Increases in government expenditure have supported Russia's economy but also triggered surging prices and labor shortages.
1 Min read
Russia Holds Rates After Putin Urges Caution
Speaking to business leaders on Thursday, Putin had stressed the need to be "careful" over when to start cutting rates.
2 Min read
Russia to Inspect Supermarket Chains for Egg Price Fixing
Among the major chains impacted by the inspections are the French-owned Auchan, stores operated by the X5 group, Magnit and Lenta.
1 Min read
Russian Inflation Unexpectedly Slows in December
The Kremlin hopes to present the economy as an area of strength ahead of presidential elections this March.
1 Min read
Feature
What Really Happened With Russia’s Economy in 2022?
While many analysts and observers expected the Russian economy to collapse under the weight of the Ukraine war and a flood of Western sanctions, the country...
Russia's Central Bank Warns of Labor Shortage Following Mobilization
The governor of Russia’s Central Bank, Elvira Nabiullina, warned on Friday that the country was facing a growing labor shortage following the conscription...
Belarus Leader Bans Price Rises to Tackle Inflation
Belarus President Alexander Lukashenko on Thursday banned price increases with immediate effect to curb galloping inflation in the former Soviet country...
Explainer: What Does Russia’s ‘Zero-Inflation’ Mean?
“Things are a lot worse than they are saying,” said one economist.
In Graphs: How Putin’s Invasion of Ukraine Impacted Russia
From attacks on local enlistment offices to the deaths of thousands of soldiers, here is how Russia has changed in 100 days of war.
Russian Shoppers Feel Pinch as Inflation Tops 16%
Inflation has been speeding up for months due to the post-pandemic recovery, high prices for raw materials, as well as sanctions and logistical challenges...
Russia Hikes Interest Rates Again, Warns of ‘Overheating’ Economy
The Central Bank raised its key rate to 9.5% as inflation pressures continued into the new year.
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