A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the ...

After years of torrid growth, propelled by government spending to fuel the war on Ukraine, Russia’s economy is grinding to a ...

This disagreement exposed the true cost of the war with Ukraine on the Russian economy, and the gap between the Kremlin and ...

Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth ...

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...

Sberbank chief German Gref said Russia could soon face recession if the key interest rate is not cut drastically.

The number of Russian companies trying to expand their headcount has more than halved, a new survey has revealed.

President Putin denied on Friday that Russia's economy was stagnating, despite a report from the central bank that suggests ...

The Bank of Russia is poised to continue steep rate cuts as the economy cools faster than expected, with growth at risk of ...

Welcome to our live blog tracking the latest news from Russia Ukraine. Get real-time updates on Russia-Ukraine war, policy ...

Old-fashioned barter is on the rise in Russia's foreign trade for the first time since the 1990s, as companies seeking to ...

The European Union may have a new economic pillar developing in a strategically important country bordering Ukraine.