EconomyRussia expects average utility rates to rise 11% in July 2027
Russia’s Economic Development Ministry forecasts an average 11% increase in utility rates on July 1, 2027, up from its earlier 8.7% projection. It also expects increases of 8.6% in 2028 and 7.6% in 2029, citing higher inflation and larger projected gas and electricity hikes. The planned 9.9% increase in October 2026 remains unchanged.
Russia expects average utility rates to rise 11% in July 2027