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Expert briefing
Publication date: 14 August 2023

Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…

Executive summary
Publication date: 15 January 2024

RUSSIA: Dependence on trade with China will grow

Expert briefing
Publication date: 17 May 2023

Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…

Expert briefing
Publication date: 10 January 2024

Russia’s full-scale invasion of Ukraine and subsequent Western sanctions caused a severe crisis in the automotive sector. Supply chains were severed, output collapsed and exports…

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: 3 July 2023

This was the first acceleration after twelve consecutive declines and was driven by an 11% rise in the prices of services. The war in Ukraine has exposed Russia’s consumers to…

Expert briefing
Publication date: 19 March 2024

In late January, Uzbek President Shavkat Mirziyoyev paid a state visit to China to seek greater investment and trade opportunities. Mirziyoyev’s visit is the culmination of years…

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