Russian Labor Market: Pay Growth and Vacancy Fillers in 2023
New Trends in Russian Wages and Employment A recent analysis indicates that there are now about 2 million Russians earning 100 thousand rubles…
Sanctions and Consumer Impact in Russia: A Critical Review
The expectations in Western countries that sanctions would trigger shortages of consumer goods in Russia did not materialize. A report by…
Russia Sees Surge in Average Salaries and Hiring Activity Through 2023
In a year marked by shifting economic currents, average salaries in Russia climbed by a notable margin, rising about 38 percent compared with…
Central Bank actions block fake banks and boost online security
During the first nine months of 2023, the Central Bank of the Russian Federation blocked more than 300 websites tied to non-existent banks.…
Pension Indexation and Social Spending in Russia: 2024 Outlook
In a briefing given for the year 2024, Russia’s finance authorities announced a 7.5 percent raise for pensions. The increase aligns with…
Russia’s Budget Rule Purchases and FX Strategy for Late 2023
The Russian Ministry of Finance has set a plan to expand the scale of purchases in foreign currency and gold, following the budget rule, from…
Economists analyze ruble dynamics amid foreign exchange shifts
Economists examine ruble dynamics amid foreign exchange shifts Economist Evgeniy Kogan, a professor at the Higher School of Economics,…
Diesel Exports in Russia May Rise; Gasoline Still Restricted
The Russian authorities are reportedly considering a partial reopening of diesel fuel exports. A report in Kommersant, citing unnamed sources,…
Oil markets face renewed pressure as Brent and WTI hover in the mid-80s
Oil markets across North America and the rest of the world faced renewed pressure as Brent and WTI futures slipped below the levels seen at…
Meta: Russia’s Growth Outlook in a G20 Context
Russia is among the G20 members where growth in gross domestic product is forecast to pick up in the current year, with a projected rise to…