Russia: latest retail news, insights and analysis | ESM Magazine

EU Plans To Counter Russia With Food Diplomacy In North Africa, Balkans

The EU aims to address rising wheat and fertiliser prices and expected shortages in the Balkans, North Africa and the Middle East with "food diplomacy...

Inflation In Russia Hits Seven-Year High, Prices Jump 10% In Year-To-Date

Annual inflation in Russia accelerated to 16.70% as of April 1, its highest since March 2015 and up from 15.66% a week earlier, the economy ministry said,...

Inflation Climbs Above 15.6% In Russia, Highest Since September 2015

Annual inflation in Russia accelerated to 15.66% as of 25 March, its highest since September 2015 and up from 14.53% a week earlier, the economy...

Russia's Magnit Launches Retraining Programmes For Unemployed Workers, Refugees

Russian retailer Magnit has announced the launch of a number of retraining programmes for those that have recently lost their jobs – such as tho...

Spanish Consumer Prices Rise 9.8% y/y In March, Fastest Since 1985

Spanish consumer prices rose 9.8% year-on-year in March, their fastest pace since May 1985 and a jump from 7.6% in February, flash data from the National S...

Russia’s Sberbank To Sell 44% Stake In Fortenova Group

Slovenian retailer Mercator has welcomed the news that Russian bank Sberbank will sell its 44% stake in Mercator parent Fortenova.

Auchan To Remain In Russia, Fozzy Group Counts Cost Of Conflict

Auchan plans to maintain its presence in Russia, its CEO said in an interview published in the French newspaper Journal du Dimanche, prompting Ukraine to c...

Inflation In Russia Spikes Above 14.5%, Highest Since Late 2015

Annual inflation in Russia accelerated to 14.53% as of March 18, its highest since November 2015 and up from 12.54% a week earlier, the economy ministry sa...