Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Stock Market (points) 2767.60 2713 2573 2474 2379
Currency 76.60 75.31 73.9 72.88 71.86
Government Bond 10Y (%) 14.61 14.5 14.28 14.12 13.97

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Annual Growth Rate (%) 0.60 0.8 1 1.2 1.4
Unemployment Rate (%) 2.10 2.3 2.4 2.3 2.4
Inflation Rate (%) 5.60 6.4 5.2 4.6 4.5
Inflation Rate MoM (%) 0.30 0.4 0.3 0.1 0.4
Interest Rate (%) 16.00 15 15 14 14
Balance of Trade (USD Million) 6795.00 12500 14500 11400 9500
Current Account (USD Million) 4000.00 16000 8000 8000 12800
Manufacturing PMI (points) 49.40 50.5 50.8 51 51.3
Services PMI (points) 52.30 50.5 51 51.5 51.8
Business Confidence (points) -0.30 -4 -3 -1 1.5
Consumer Confidence (points) -11.00 -9 -10 -8 -8
Current Account to GDP (% of GDP) 2.90 1.5
Government Debt to GDP (% of GDP) 16.40 20
Government Budget (% of GDP) -2.60 -2.8

GDP Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Annual Growth Rate (%) 0.60 0.8 1 1.2 1.4
GDP Constant Prices (RUB Billion) 36907.34 32982 35194 37350 37424
Gross Fixed Capital Formation (RUB Billion) 7836.20 5807 7215 7930 7946
Monthly GDP YoY (%) 0.10 0.5 0.7 0.7 1.2
GDP from Manufacturing (RUB Billion) 5152.30 4590 5024 5214 5224
GDP from Agriculture (RUB Billion) 2233.70 669 967 2261 2265
GDP from Public Administration (RUB Billion) 2795.40 2866 2818 2829 2835
GDP from Mining (RUB Billion) 3836.00 3693 3884 3882 3890
GDP from Utilities (RUB Billion) 579.00 839 642 586 587
GDP from Construction (RUB Billion) 1655.00 1127 1581 1675 1678
GDP from Transport (RUB Billion) 1961.50 1848 2003 1985 1989
GDP (USD Billion) 2173.84 2200
GDP per Capita (USD) 11043.26 11176
GDP per Capita PPP (USD) 41704.71 42205
Full Year GDP Growth (%) 4.10 1.2

Labour Actual Q1/26 Q2/26 Q3/26 Q4/26
Unemployment Rate (%) 2.10 2.3 2.4 2.3 2.4
Employed Persons (Million ) 74.70 74.2 74.5 74.4 74.3
Unemployed Persons (Million ) 1.70 1.55 1.5 1.58 1.61
Wages (RUB/Month) 99707.00 102820 107826 100125 103496
Wages in Manufacturing (RUB/Month) 101369.90 101629 104458 101560 105222
Wage Growth (%) 6.10 5.3 4.5 4.1 3.8
Minimum Wages (RUB/Month) 22440.00 31157
Population (Million) 146.10 146

Prices Actual Q1/26 Q2/26 Q3/26 Q4/26
Inflation Rate (%) 5.60 6.4 5.2 4.6 4.5
Inflation Rate MoM (%) 0.30 0.4 0.3 0.1 0.4
Consumer Price Index CPI (points) 288.20 298 298 298 301
Core Inflation Rate (%) 5.44 6.5 5.8 5 4.7
GDP Deflator (points) 143.12 152 145 150 150
Producer Prices (points) 313.30 329 320 329 326
Producer Prices Change (%) -3.30 2.5 3.8 4.2 4
Food Inflation (%) 5.24 7.3 6.5 6 5.7
Producer Price Inflation MoM (%) -1.60 0.5 0.3 0.2 0.3

Money Actual Q1/26 Q2/26 Q3/26 Q4/26
Interest Rate (%) 16.00 15 15 14 14
Interbank Rate (%) 16.20 15.2 15.2 14.2 14.2
Foreign Exchange Reserves (USD Million) 754900.00 758000 748000 740000 735000
Loans to Private Sector (RUB Million) 80488000.00 75558672 76800400 79609992 81614832
Deposit Interest Rate (%) 15.40 14.4 14.4 13.4 13.4

Trade Actual Q1/26 Q2/26 Q3/26 Q4/26
Balance of Trade (USD Million) 6795.00 12500 14500 11400 9500
Current Account (USD Million) 4000.00 16000 8000 8000 12800
Imports (USD Million) 26085.00 23000 25000 28000 30800
Exports (USD Million) 32880.00 35500 39500 39400 40300
Crude Oil Production (BBL/D/1K) 9946.00 10050 10150 10220 10260
Current Account to GDP (% of GDP) 2.90 1.5

Business Actual Q1/26 Q2/26 Q3/26 Q4/26
Manufacturing PMI (points) 49.40 50.5 50.8 51 51.3
Services PMI (points) 52.30 50.5 51 51.5 51.8
Business Confidence (points) -0.30 -4 -3 -1 1.5
Industrial Production (%) -0.70 3 4 3.2 3.6
Manufacturing Production (%) -1.00 4 4 4 6
Composite PMI (points) 50.00 50.5 50.5 51.5 51.3
Corporate Profits (RUB Billion) 21566.00 6500 13800 21000 30500

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Consumer Confidence (points) -11.00 -9 -10 -8 -8
Retail Sales YoY (%) 3.30 2.5 3.3 3.7 4
Consumer Spending (RUB Billion) 20056.30 18531 19152 20297 20337
Consumer Credit (RUB Million) 35850176.00 34914092 35171930 35748706 36352078
Bank Lending Rate (%) 18.80 17.8 17.8 16.8 16.8
Gasoline Prices (USD/Liter) 0.88 0.9 0.93 0.95 0.98

Housing Actual Q1/26 Q2/26 Q3/26 Q4/26
Housing Starts (Million Square Metre) 8.00 14 14 14 14

Government Actual Q1/26 Q2/26 Q3/26 Q4/26
Government Debt to GDP (% of GDP) 16.40 20
Government Budget (% of GDP) -2.60 -2.8