Putin’s money machine is sputtering.
27 April 2025
After years of resilience, Russia’s economy is slowing down. From Kaliningrad to Vladivostok, something has changed.
A high-frequency index produced by Goldman Sachs suggests that, since the end of last year, Russia’s annualised economic growth has fallen from around 5% to around zero.
Russian development bank VEB finds similar trends in its monthly growth estimates.
A high-frequency index produced by Goldman Sachs suggests that, since the end of last year, Russia’s annualised economic growth has fallen from around 5% to around zero.
Russian development bank VEB finds similar trends in its monthly growth estimates.