Four years into the war in Ukraine, Russia’s economy faces a critical pivot point. In early 2025, the country saw robust growth—registered unemployment near record lows, rising wages, and wartime-driven budget spending—but by mid‑year, signs of strain are becoming increasingly clear. Manufacturing and services PMIs have fallen below the 50‑point threshold, inflation remains elevated, and … Continue reading Russia Mid‑2025 Economic Report: Growth Slows, PMI Paints Caution