Russian inflation

The Russian government hopes to avoid an economic recession in 2026, though officials are no longer even discussing rapid growth, according to The Moscow Times.

Igor Lipsits was once one of Russia’s leading economists—a professor, author, and government advisor who spent decades studying and shaping economic policy. But today, he finds himself in exile, labeled a "foreign agent" by the Kremlin, unable to return to his home country. In an exclusive interview with The New Voice of Ukraine, Professor Lipsits explains how his outspoken views on Russia’s economic failures made him an enemy of the state. He also breaks down the Kremlin’s attempts to maintain an illusion of economic stability while key industries collapse, and he warns of a financial crisis that could shake Putin’s regime.

Russian lawmakers have proposed introducing food ration cards across the entire country in response to rising prices, claiming the idea has a "healthy foundation", the Moscow Times wrote on Dec. 15.

Russia has begun importing butter from the United Arab Emirates and Türkiye to curb soaring prices on its domestic market, which has sparked concerns among the population, Reuters reported on Nov. 2.