News
EC downgrades outlook on Russia’s GDP growth for 2025 to 1.7% from 1.8%
The EC also projects inflation to gradually decelerate over the course of 2025.
Russia opens first warehouse distribution hub ‘Made in Russia’ in China
The facility started operating in the border city of Suifenhe, the report said.
Russia’s annual inflation slows to 10.09% from 10.21% on May 6-12
As previously reported, in April the Russian Ministry of Economic Development revised its forecast for inflation in 2025 upward from 4.5% to 7.6%.
Trade turnover between Russia, Egypt hits record $9 bln in 2024
The Russian President called Egypt one of Russia’s key partners in Africa.
Russia, China make progress in talks on Power of Siberia 2 pipeline Novak
"Orders have been given to expedite the process of finalizing the terms of the contract," the Russian Deputy Prime Minister said.
Russia’s manufacturing PMI index up to 49.3 points in April
April data indicated a further decline in output at Russian manufacturers, although the pace of contraction eased to only a marginal rate, the agency noted.
Wealth of richest Russians rises by nearly $15 bln since early 2025
The Bloomberg Billionaires Index shows that Alisher Usmanov, the shareholder of Russia’s largest iron ore producer Metalloinvest, amassed $3.64 billion since the beginning of 2025, with his fortune climbing to $16.9 bln.
Russian airlines increased passenger traffic in March 2025
It is 0.1% more than in the like period of the last year.
Avtovaz plans to boost exports to 30,000 cars in 2025
Avtovaz exported more than 20,000 Lada cars in 2024.
Russia to increase niobium, tantalum, wolfram, beryllium production
"The government devoted a separate national project New Materials and Chemistry to handling this problem," Mikhail Mishustin said.