Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Stock Market (points) 2761.62 2667 2570 2479 2392
Currency 79.87 79.04 78.03 77.05 76.08
Government Bond 10Y (%) 14.53 14.4 14.27 14.14 14.01

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Annual Growth Rate (%) 0.60 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 (%) 0.70 0.3 0.1 0.4 0.3
Interest Rate (%) 15.00 15 14 14 14
Balance of Trade (USD Million) 6597.00 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) 16.40 20
Government Budget (% of GDP) -2.60 -2.8

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Annual Growth Rate (%) 0.60 1 1.2 1.4 1.6
GDP Constant Prices (RUB Billion) 36907.34 35194 37350 37424 37498
Gross Fixed Capital Formation (RUB Billion) 7836.20 7215 7930 7946 7962
Monthly GDP YoY (%) -1.50 0.7 0.7 1.2 1.2
GDP from Agriculture (RUB Billion) 2233.70 967 2261 2265 2269
GDP from Manufacturing (RUB Billion) 5152.30 5024 5214 5224 5235
GDP from Public Administration (RUB Billion) 2795.40 2818 2829 2835 2840
GDP from Mining (RUB Billion) 3836.00 3884 3882 3890 3897
GDP from Utilities (RUB Billion) 579.00 642 586 587 588
GDP from Construction (RUB Billion) 1655.00 1581 1675 1678 1681
GDP from Transport (RUB Billion) 1961.50 2003 1985 1989 1993
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 ) 74.70 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) 139727.00 102858 100195 143220 142941
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 (%) 0.70 0.3 0.1 0.4 0.3
Consumer Price Index CPI (points) 292.50 298 298 301 304
Core Inflation Rate (%) 5.18 5.8 5 4.7 4.7
GDP Deflator (points) 143.12 145 150 150 149
Producer Prices (points) 304.90 320 329 321 316
Producer Prices Change (%) -5.20 3.8 4.2 4 3.5
Food Inflation (%) 5.43 6.5 6 5.7 5.7
Producer Price Inflation MoM (%) 0.50 0.3 0.2 0.3 0.4

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 15.00 15 14 14 14
Interbank Rate (%) 16.20 16.2 15.2 15.2 15.2
Foreign Exchange Reserves (USD Million) 809308.00 748000 740000 735000 730000
Loans to Private Sector (RUB Million) 82400000.00 76800400 79609992 83553600 83718400
Deposit Interest Rate (%) 14.76 14.76 13.76 13.76 13.76

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (USD Million) 6597.00 14500 11400 9500 9500
Current Account (USD Million) 9200.00 8000 8000 12800 12800
Imports (USD Million) 20891.00 25000 28000 30800 30800
Exports (USD Million) 27489.00 39500 39400 40300 40300
Crude Oil Production (BBL/D/1K) 10056.00 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 (%) -0.90 4 3.2 3.6 3.6
Manufacturing Production (%) -2.80 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) 20056.30 19152 20297 20337 20377
Consumer Credit (RUB Million) 36304914.00 35171930 35748706 36521457 36885793
Bank Lending Rate (%) 18.33 18.33 17.33 17.33 17.33
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) 8.00 14 14 14 14

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 16.40 20
Government Budget (% of GDP) -2.60 -2.8