Russia's Center for Macroeconomic Analysis and Short-Term Forecasting said in a statement this week: "It seems that an 'an ...

Housing and utility bills in some parts of Russia are expected to soar by up to 25% as the country's economic meltdown ...

Russia’s wartime economy, which initially grew due to massive defense spending, is now showing clear signs of strain and is ...

Economy Minister Maxim Reshetnikov said earlier during the St. Petersburg Economic Forum that the economy is “on the verge of ...

Russia’s economy is “on the brink of going into a recession,” the country’s economy minister said Thursday, according to Russian media reports.

The Russian Economic Development Ministry expects the Central Bank of Russia to continue to follow the logic of softening monetary policy amid slowing inflation, Economic Development Minister Maxim ...

Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.

President Vladimir Putin has praised Russia’s economic outlook, saying it has managed to curb inflation and ease its reliance ...

Russian President Vladimir Putin on Friday dismissed claims the war in Ukraine is devastating the Russian economy, citing ...

Russian minister Maxim Reshetnikov has warned that the country's economy was teetering "on the brink of recession".