The legacy of Olaf Scholz’s ill-fated coalition — in charts
Olaf Scholz became German chancellor with a pledge to modernise and jolt Europe’s largest economy from its long-lasting paralysis. But just two months after taking office, Russia’s full-scale invasion ...
Russian Inflation Climbs As Ukraine Offensive Weighs On Economy
Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale offensive on Ukraine weigh on the domestic economy.
Russian Inflation At 9.5% In 2024: Statistics Agency
Inflation in Russia accelerated to 9.5 percent in 2024, the country's official statistics agency said Wednesday, despite the Central Bank having raised interest rates to a 20-year high to tame the ...
Russian Prices up 9.5% in 2024, Continue to Grow in 2025, Statistical Data Shows
MOSCOW (Reuters) - Russian consumer prices grew by 9.52% last year compared to 7.42% in 2023, final statistical data showed ...
Russia is on pace to run out of financial reserves by this fall, which would cripple war efforts, economist says
Russia could run out of liquid reserves as soon as this fall, one European economist has said.The nation's liquid reserves have dwindled to $31 billion, down from $117 billion in 2021.Limited funds ...
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Record inflation destabilizes Russian economy
Inflation hasn't spared Russia. At his end-of-year press conference, Vladimir Putin himself acknowledged that inflation, a ...