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Expert briefing
Publication date: 22 March 2024

The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…

Expert briefing
Publication date: 21 February 2024

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…

Expert briefing
Publication date: 27 February 2024

Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…

Expert briefing
Publication date: 1 August 2023

In defiance of expectations following the imposition of severe sanctions, the unemployment rate has hovered around 3.2%. Yet rather than a sign of resilience, low unemployment…

Expert briefing
Publication date: 13 June 2023

Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…

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