Inflation in Russia has probably peaked, as the annualised preliminary January rate reached 9.9%, said Renaissance Capital in a note on February 18. (chart) Inflation remained in line with ...

Inflation in Russia has probably peaked, as the annualised preliminary January rate reached 9.9%, said Renaissance Capital in ...

MOSCOW, March 26. /TASS/. Inflation in Russia for the period from March 18 to March 24, 2025, stood at 0.12%, according to data from the Russian State Statistics Service (Rosstat). In the previous ...

Soaring inflation has plunged Russia into a fresh economic crisis – with sky-high interest rates threatening to devastate struggling civilian businesses. Vladimir Putin’s country has been ...

The country's central bank raised interest rates to 21% at the end of last year to counteract this inflation. Russia has also suffered heavy losses on the battlefield during the Ukraine war over ...

But Russia has had high interest rates before: 19% in 1998 and 13.1% in 2009, and inflation fell quickly on both occasions. There are signs the economy is now beginning to cool down – it is ...

Will the European Central Bank face a problem that has bedeviled the Bank of Russia? European governments are about to embark on a big increase in defense spending, fueled by growing doubts about ...

Russia has inflation at rates approaching 20 percent (officially, they are about 9 percent), and it has been sucking its own sovereign wealth fund dry. But Ukraine is poor, too, and has man-power ...

Russia’s economy, as often noted, is struggling with interest rates that have topped 20 percent amid soaring inflation, and with manpower shortages made critical by the war. Its condition is ...