Russian Railways’ loading volumes decreased by 9.2% to 89.3 mln tons of cargoes in June.

Remaining capital controls effectively curtailed capital outflows and helped preserve buffers despite sanctions, the IMF said.

The government is also refining the preferential leasing mechanism to enable agricultural producers to renew their fleets of equipment.

Alexander Shevelev stressed that the key issue for Russian metallurgists regarding steel imports lies not only in lower pricing, but also in the added risks of underconsumption within the domestic market.

According to the statement, companies and financial institutions will be selected by the EU Council.

Overall, banks earned $21.7 bln in the first half of the year, matching the result for the same period in 2024.

Consumer prices ticked up by 0.81% from the start of July and by 4.61% year to date.

Malek Dudakov suggested that even if sanctions are imposed against Russia, the United States will make a large number of exceptions.

"Mineral fertilizer exports totaled 22.7 mln metric tons from January to June 2025, which is 8% higher than the same period last year," the statement reads.

In June, the total trade turnover between China and Russia stood at $17.6 bln, roughly the same as in May.