Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Stock Market (points) 2736.25 2651 2547 2463 2382
Currency 75.44 75.25 74.15 73.25 72.36
Government Bond 10Y (%) 14.52 14.25 14.11 14 13.88

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Annual Growth Rate (%) 1.00 1 1.2 1.4 1.6
Unemployment Rate (%) 2.10 2.4 2.3 2.4 2.4
Inflation Rate (%) 5.90 5.2 4.6 4.5 4
Inflation Rate MoM (%) 0.60 0.3 0.1 0.4 0.3
Interest Rate (%) 14.50 15 14 14 14
Balance of Trade (USD Million) 5353.00 14500 11400 9500 9500
Current Account (USD Million) 9200.00 8000 8000 12800 12800
Manufacturing PMI (points) 48.30 50.5 50.7 50.9 51.2
Services PMI (points) 49.50 51.8 51.2 50.9 51.5
Business Confidence (points) -0.90 0.2 0.1 -0.5 0.4
Consumer Confidence (points) -12.00 -16 -14 -12 -10
Current Account to GDP (% of GDP) 2.00 1.5
Government Debt to GDP (% of GDP) 18.30 20
Government Budget (% of GDP) -2.60 -2.8

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Annual Growth Rate (%) 1.00 1 1.2 1.4 1.6
GDP Constant Prices (RUB Billion) 37575.62 32443 34332 38102 38177
Gross Fixed Capital Formation (RUB Billion) 11827.20 7439 8230 11993 12016
Monthly GDP YoY (%) -1.50 0.7 0.7 1.2 1.2
GDP from Mining (RUB Billion) 4143.10 3893 3896 4201 4209
GDP from Manufacturing (RUB Billion) 6137.80 5087 5357 6224 6236
GDP from Utilities (RUB Billion) 797.60 641 585 809 810
GDP from Agriculture (RUB Billion) 1415.50 1008 2179 1435 1438
GDP from Public Administration (RUB Billion) 2626.20 2818 2829 2835 2840
GDP from Construction (RUB Billion) 2723.90 1572 1708 2762 2767
GDP from Transport (RUB Billion) 2203.50 2056 2093 2234 2239
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 (%) 1.00 1.2

Labour Actual Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 2.10 2.4 2.3 2.4 2.4
Employed Persons (Million ) 74.60 74.5 74.4 74.3 74.3
Unemployed Persons (Million ) 1.60 1.5 1.58 1.61 1.61
Wages (RUB/Month) 103612.00 106175 98779 143220 105995
Wages in Manufacturing (RUB/Month) 104229.90 102858 100195 123206 106627
Wage Growth (%) 8.60 2.9 2.7 2.5 2.3
Minimum Wages (RUB/Month) 27093.00 31157
Population (Million) 146.10 146

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 5.90 5.2 4.6 4.5 4
Inflation Rate MoM (%) 0.60 0.3 0.1 0.4 0.3
Consumer Price Index CPI (points) 296.60 298 298 301 308
Core Inflation Rate (%) 5.03 5.8 5 4.7 4.7
GDP Deflator (points) 144.55 145 150 151 150
Producer Prices (points) 315.10 320 329 321 326
Producer Prices Change (%) -1.80 3.8 4.2 4 3.5
Food Inflation (%) 4.97 6.5 6 5.7 5.7
Producer Price Inflation MoM (%) 2.00 0.3 0.2 0.3 0.4

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 14.50 15 14 14 14
Interbank Rate (%) 16.20 16.2 15.2 15.2 15.2
Foreign Exchange Reserves (USD Million) 748984.00 748000 740000 735000 730000
Loans to Private Sector (RUB Million) 80950000.00 76800400 79609992 83553600 82245200
Deposit Interest Rate (%) 14.36 14.36 13.36 13.36 13.36

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (USD Million) 5353.00 14500 11400 9500 9500
Current Account (USD Million) 9200.00 8000 8000 12800 12800
Imports (USD Million) 24770.00 25000 28000 30800 30800
Exports (USD Million) 30123.00 39500 39400 40300 40300
Crude Oil Production (BBL/D/1K) 9977.00 9450 9700 9950 10150
Current Account to GDP (% of GDP) 2.00 1.5

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Manufacturing PMI (points) 48.30 50.5 50.7 50.9 51.2
Services PMI (points) 49.50 51.8 51.2 50.9 51.5
Business Confidence (points) -0.90 0.2 0.1 -0.5 0.4
Industrial Production (%) 2.30 4 3.2 3.6 3.6
Manufacturing Production (%) 3.00 4 4 6 6
Composite PMI (points) 48.80 50.5 49.8 50.2 51
Corporate Profits (RUB Billion) 2029.10 13800 21000 30500 30500

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Consumer Confidence (points) -12.00 -16 -14 -12 -10
Retail Sales YoY (%) 0.30 3.3 3.7 4 4
Consumer Spending (RUB Billion) 20720.20 19407 20547 21010 21052
Consumer Credit (RUB Million) 36334399.00 35171930 35748706 36521457 36915749
Bank Lending Rate (%) 17.96 17.96 16.96 16.96 16.96
Gasoline Prices (USD/Liter) 0.83 1.22 1.04 0.87 0.87

Housing Actual Q2/26 Q3/26 Q4/26 Q1/27
Housing Starts (Million Square Metre) 14.80 14 14 14 14

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 18.30 20
Government Budget (% of GDP) -2.60 -2.8