Financial news: Annual inflation falls for fifth month in a row.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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In June, annual inflation decreased to 9.4%. Seasonally adjusted monthly price growth was 4.0% in annual terms. Differences in price dynamics by groups of goods and services remained significant.

The monthly increase in food prices has decreased. The rate of increase in meat prices has decreased the most, while fruits and vegetables have become cheaper faster than the seasonal norm. The growth in prices for household and medical services has slowed somewhat, but remains high. Prices for non-food products, excluding petroleum products, have not changed on average.

Despite the decline, annual inflation in June was still significantly above the target. The Bank of Russia intends to return it to 4.0% in 2026 and keep it close to this level in the future.

For more details, read the Bank of Russia's information and analytical commentary "Dynamics of consumer prices".

Preview photo: Leny Studio / Shutterstock / Fotodom

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Financial news: Monitoring of enterprises: growth of business activity has slowed.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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The Bank of Russia's Business Climate Indicator (BCI) stood at 1.5 points in July, down from 3.0 points a month earlier. Current production and demand estimates, as well as short-term expectations, were below the June level. Business price expectations increased slightly after 6 months of decline. Companies' investment activity grew more slowly than in Q2 2025.

Read more in the July issue of the information and analytical commentary "Monitoring of enterprises".

Starting from this issue, the Bank of Russia will regularly publish data on the main indicators of enterprise monitoring by macroregions. In addition, survey data on types of economic activity and groups of enterprises in time series format are now available inData retrieval service (API).

Preview photo: Eric Romanenko / TASS

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"We describe unwritten languages"

Translation. Region: Russian Federal

Source: State University “Higher School of Economics” –

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Dobrushina Nina Rolandovna

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Every fourth business in Russia considers itself to be part of the creative industries.

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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Only 30% of entrepreneurs in Russia are familiar with the concept of creative industries and associate it with creativity (38%), advertising (17%) and new technologies (13%). At the same time, every fourth respondent classifies their business as a creative industry. These are the findings of the study "Entrepreneurs of Russia: Research Monitoring" (PRIM), which is conducted by the Ministry of Economic Development of Russia, Sberbank and the Public Opinion Foundation.

"According to the results of the PRIM study, only a third of entrepreneurs have heard of creative industries, but every fourth already considers their business to be related to this area. Even with relatively low awareness, many entrepreneurs already associate their activities with creative industries, since their business is somehow related to the creation of original content, design, innovative solutions or cultural values. The study also shows a significant demand for creative specialists: 57% of the entrepreneurs surveyed have experience of cooperation with creative specialists, and 40% of this group intend to continue cooperation. Such dynamics are explained by obvious advantages: according to entrepreneurs, working with creative specialists allows them to attract new clients, strengthen the image and brand recognition, and improve the quality of goods and services," said Deputy Minister of Economic Development of the Russian Federation Tatyana Ilyushnikova.

71% of entrepreneurs have solved creative tasks over the past year, such as creating visual content for promotion (42%). At the same time, 57% of survey participants have engaged external specialists to solve creative tasks. In outsourcing in this area, business owners see both advantages (a chance to attract new clients and improve reputation) and problems (low quality of work, lack of understanding of the specifics of the business). Another 20% of those who have never worked with freelancers would like to start.

“Our study showed that 71% of entrepreneurs annually face the solution of creative tasks in their own business. Most often it is the creation of visual materials for promoting goods and services. At the same time, 42% of businessmen try to cope themselves and a third of them experience significant difficulties. The main problem is in personal qualifications (own and employees), a lack of funds and the lack of creative ideas. Understanding this, Sberba proposed a decision-a Giga assistant who is already available to several hundred thousand entrepreneurs in the Internet banking business. It is developed on the basis of Gigachat’s own neural network model and takes on one of the most important business tasks: it creates a variety of text content, including cards for marketplaces, correctly processes customer reviews, invents promotions. The assistant issues personalized tips and sales analysts based on a particular business data. In parallel, it reduces routine and other standard business tasks-from writing letters to creating an online store directly during a joint dialogue with the owner. We understand how valuable the time of entrepreneurs is, so in the near future we will make a GIGA assistant accessible to all Russian entrepreneurs. After all, now it is evident how generative AI seriously simplifies work with the creative and helps to increase business efficiency, ”said Anatoly Popov, deputy chairman of the board of Sberbank.

In addition to data on creative industries, Sber's research, which took place from May 27 to June 5, 2025, gave an idea of the mood of entrepreneurs in general. Thus, 54% of owners of individual entrepreneurs and LLCs assess their financial situation as satisfactory. 42% believe that it will remain stable in the coming year, and 27% expect improvements.

69% of entrepreneurs do not plan to either expand or reduce their business. 20% of survey participants intend to expand – most often these are young people aged 18-39 (in this category, 30% of respondents answered this way) and those who assess their financial situation as good (35%).

Government support remains important for entrepreneurs. The most popular are special tax regimes (52%), preferential lending (38%), tax breaks (27%) and grants (25%). Women entrepreneurs are more often interested in special tax regimes, training programs and business consulting.

63% of entrepreneurs have employees. The main methods of retaining them are flexible hours (52%), compensation for transportation expenses (37%) and development opportunities (35%). Employees are motivated mainly by money (85%), gratitude (56%) and constructive criticism (43%).

The study covered 614 owners of individual entrepreneurs and LLCs, for whom entrepreneurship is the main type of activity. The survey was conducted by telephone using the CATI method, the statistical error does not exceed 4.8%.

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Since the beginning of the year, more than five thousand new SMEs have emerged in the tourism sector in Russia.

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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In the first half of 2025, more than five thousand new small and medium-sized businesses in the tourism sector were created in Russia. Thus, the total number of tourism SMEs in the country reached almost 76.5 thousand, and their revenue by the end of 2024 exceeded 1 trillion rubles.

"Over three years, the number of small and medium-sized enterprises in the tourism sector has grown by 12% and is now approaching 76.5 thousand. And the total employment in the SME segment in the tourism sector is 296 thousand people. The growth rate of domestic tourism and targeted government support provide opportunities for the development of small and medium-sized businesses. Moreover, this is a two-way street: the active involvement of SMEs in the creation of tourism infrastructure is not only a response to market demand, but also the creation of new points of attraction for the redistribution or increase of tourist flows," said Deputy Minister of Economic Development of the Russian Federation Dmitry Vakhrukov.

According to the SME Corporation, the growth rate of SMEs in tourism is 1.5 times higher than in other industries.

"The key feature of the growth of tourism SMEs was the high growth rate relative to SMEs in all industries – more than 1.5 times. Since the beginning of 2025, more than five thousand SMEs have been created in key areas of tourism with a reproduction rate (the ratio of opened and closed enterprises) of 1.7. In general, for all industries, this ratio is significantly lower and is 1.1. Another important trend is the interest in tourism on the part of young people. Every fifth SME is accounted for by young entrepreneurs under 35. At the same time, the average age of entrepreneurs in the tourism sector is 44 years old, which is a year higher than the average for the SME sector," said Alexander Isaevich, General Director of the SME Corporation.

About 45% of SMEs in the tourism sector have hired workers, their number is 234 thousand people. Another 62 thousand are self-employed citizens who work as guides and also provide temporary accommodation services.

The largest number of SMEs in tourism in 2025 opened in Moscow (537), Krasnodar Krai (465), St. Petersburg (282), Moscow Region (244), and the Altai Republic (225). In the ranking of cities, besides Moscow, the resort city of Sochi leads in this indicator (86 SMEs), followed by Krasnodar (83), Yekaterinburg (72), Ufa (60), and Kazan (53). The top 10 municipalities in terms of business growth in tourism also included Gelendzhik (48), Perm (48), municipalities of the city of Moscow (47), Anapa (45), and Novosibirsk (44).

Let us recall that in order to support the tourism business, the SME Corporation allocated a special limit of "umbrella" guarantees in 2025, which will allow small and medium businesses in this area to attract at least 25 billion rubles by the end of the year. A full range of financial and non-financial support measures for the creation and development of entrepreneurship in the tourism sector is presented on the SME.RF Digital Platform.

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HSE and NEFU graduate first bachelors in the double degree program "Economics and Data Analysis"

Translation. Region: Russian Federal

Source: State University “Higher School of Economics” –

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In the world of books and artifacts: participants of the SPbPU library forum visited a rare excursion

Translation. Region: Russian Federal

Source: Peter the Great St. Petersburg Polytechnic University –

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A library forum was recently held at the Polytechnic University "KorFor-2025"A special gift for the forum guests was a tour of rare and often closed to the general public libraries of St. Petersburg.

For example, the tour participants got acquainted with the oldest military library in Russia, which is located in the historical building of the General Staff on Palace Square. Over 210 years, the Military Historical Library of the General Staff of the Armed Forces of the Russian Federation has collected a unique collection on military history and military art from ancient times to the present day. A special pride is the richest collection of maps of military operations for more than 200 years of history. The employees talked about their work, about new technologies used in the library, which carefully stores not only documents, but also the memory of great events in the history of our Motherland.

The history of the Scientific Library of the Russian Academy of Arts begins at the time of the founding of the Academy of Arts in 1757. The basis of the library's collection was a gift from the founder of the Academy of Arts, Ivan Ivanovich Shuvalov. Currently, the library collection contains more than half a million printed publications, engravings, photographs, reproductions, illustrations, revealing the entire diversity of world artistic culture.

The excursionists walked through the unique halls of the library, learned about the history of its creation and development. And what awe and admiration were caused by the rare editions of the 15th-18th centuries, offsets, engravings, lithographs! The time spent in a warm, welcoming atmosphere flew by in an instant and left unforgettable impressions on all the excursion participants.

During the visit to the Scientific Library of the Russian Geographical Society, the specialists got acquainted with a rare collection of books, maps and documents. These materials reflect almost all expeditions in Russia and other countries that took place under the auspices of the Russian Geographical Society. The reports on Arctic expeditions and the history of the discovery of the Northern Sea Route deserve special attention. The guests had the opportunity to get acquainted with rare editions of the 17th-19th centuries, representing historical and cultural significance.

Head of the library Maria Bystrova told the guests in detail about the unique collections and modern methods of cataloguing and storing valuable materials.

The librarians also got a glimpse into the inner life of the St. Petersburg Theological Academy of the Russian Orthodox Church: they walked along the rector's corridor, visited the museum and classrooms, looked into the cozy reading room and, of course, into the library, the largest in the Orthodox world. Currently, its collection contains about 315,000 books, periodicals and musical editions. The library collection contains books mainly of theological and church-historical content. The excursionists were especially impressed by the academic temple in the name of the Apostle and Evangelist John the Theologian, which houses the revered icon of the Mother of God "The Sign" of Tsarskoye Selo and other holy relics.

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HSE Online Campus Graduates First Bachelors

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Source: State University “Higher School of Economics” –

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Bisyarina Nina Pavlovna

Bondarenko Ivan Valerievich

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RUDN student's project received a special prize of the "Ecology is Everyone's Business" award

Translation. Region: Russian Federal

Source: Peoples'Friendship University of Russia –

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What eco-habits do the heroes of the films "The Adventures of Electronics", "Kidnapping, Caucasian Style" and "The Diamond Arm" have? The answer to this question is known by the master of the Institute of Ecology of RUDN Evgeny Vorozhtsov, who created two interactive games to teach people conscious consumption and care for nature. In one of the games, fragments from Soviet films are used as examples of good habits.

The student's project received a special prize of the international award "Ecology is Everyone's Business", which is held by Rosprirodnadzor. This means that it has received recognition from the country's leading experts, including the Vice President of the Russian Academy of Sciences Stepan Kalmykov.

Skills of a literate consumer

Evgeny has been working on games since 2023, and they formed the basis of his final qualifying work in the bachelor's degree. Now the student is adapting the format for a multicultural audience, in particular, English-speaking. According to him, the subject matter and approaches will be regularly adjusted to keep the project alive, flexible and involved in the modern agenda.

"Both games are based on a game-based approach to learning, where participants learn the principles of environmental culture through dialogue, visual images, and practical situations. Each of them includes visual slides, illustrations, or film clips, and the host moderates the game, immersing the participants in the discussion. The games are easily adapted to different formats — from face-to-face classes in schools to presentations at forums. To conduct them, you only need a large screen or projector and a clicker to switch slides," — Evgeny Vorozhtsov (Ecology and Nature Management, 1st year).

The first game is called "Environmental Skills of a Smart Consumer", where participants are offered a series of everyday situations with a choice of the best behavior scenario. For example, a video fragment is shown on the screen, where an actor says that he needs to buy a new table lamp. At the same time, the hero says that he does not know what is better to choose – a lamp with an incandescent lamp, an energy-saving lamp or an LED lamp. The participants of the game must make a choice and justify their decision. After which the host turns on a second video fragment with a solution to the situation that corresponds to a more environmentally friendly approach.

Cinema and discussions

The second game created by Evgeniy is called "Eco-habits from the USSR" and is a fusion of a quiz and film analysis. Here, participants need to correlate modern principles of sustainable consumption with images from Soviet life and culture.

"The game "Eco-habits from the USSR" is based on video clips from Soviet films, such as "The Adventures of Elektronika", "Kidnapping, Caucasian Style", "The Diamond Arm" and others. Participants watch an episode of the film and try to identify what eco-habits they have seen. For example, in the film "Operation Y and Other Adventures of Shurik" you can note the use of reusable tableware, visiting the library instead of buying new books, and in the comedy "The Diamond Arm" there are good examples of using string bags instead of plastic bags. As the host, I support the discussion, talk about the cultural and historical context of what was seen. This continues from episode to episode, as a result of which the participants in a playful way master behavior patterns that can help them lead an eco-friendly lifestyle, be more careful with the environment," – Evgeny Vorozhtsov (Ecology and Nature Management, 1st year).

According to Evgeniy, he conducts interactive games whenever possible, and is sometimes invited by organizers of various environmental events. He also often included fragments of games in reports at scientific conferences, and they found a great response among subject teachers and specialists involved in public education.

The Ecology is Everyone's Business award was held for the fifth time. According to the head of Rosprirodnadzor Svetlana Radionova, this year a record number of applications was recorded – 110 thousand. She also noted that the level of work of the participants has grown significantly, and the geography of the award has expanded to 95 countries.

Winning the award gives contestants additional points for admission to 150 Russian universities, educational grants and targeted places in universities. RUDN allocated 12 such places for laureates, including two in the master's program in the field of "Ecology and Nature Management".

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Student design bureaus: a breeding ground for engineering personnel

Translation. Region: Russian Federal

Source: Peter the Great St. Petersburg Polytechnic University –

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The Polytechnic University held an intensive educational course "Student Design Bureaus as a Tool for Preparing Highly Motivated and Conscious Engineers" for employees of industrial partner companies. Participants discussed how design bureaus help students master real engineering tasks.

The goal of the intensive course is to introduce representatives of enterprises to the capabilities of SKB, demonstrate examples of successful projects and discuss prospects for joint work on developing the country's engineering potential. Organizers are representatives of SKB "System Engineering". The project became the winner in April 2025 competition of the Ministry of Science and Higher Education of the Russian Federation in the direction of "Student Design Leadership"Several design bureaus and engineering teams of the Polytechnic University are participating in its implementation.

"To achieve technological leadership by 2030, we must involve young people in solving real engineering problems today, at the training stage. Student design bureaus allow not only to develop skills, but also to form the right professional motivation and awareness in students," noted Oleg Rozhdestvensky, head of the SPbPU Office of Technological Leadership, on the basis of which the project is being implemented.

Head of SKB "System Engineering", Director of the Higher School of Power Engineering Alena Aleshina emphasized that SPbPU SKB is built as a multi-level ecosystem: school KBs – youth KBs – student KBs – employer. This allows us to identify talented children at early stages, support their training and involve them in project activities.

The participants of the intensive course discussed the development trajectories of student design bureaus at universities, their goals and objectives, as well as the role of an industrial partner in this system. Special attention was paid to how to establish cooperation between an enterprise and SKB SPbPU, how student projects help solve specific problems under the guidance of curators representing companies, and ensure an influx of qualified personnel. The experts also shared examples of successfully implemented projects.

The presentation session presented the areas of work of SKB "System Engineering", starting with school design bureaus and ending with the best practices of interaction between industry and the university.

The project to create a network of school design bureaus is a joint initiative of the Government of St. Petersburg and the Advanced Engineering School "Digital Engineering" of SPbPU (PISH CI). Director of the Center for Continuing Professional Education of PISH CI Sergey Salkutsan said that SHKB is a network of engineering creativity clubs based in schools. Students in grades 8–11, under the guidance of instructors, master engineering skills, work with modern software and solve real problems of industrial companies. The goal is early career guidance for schoolchildren, development of practical competencies and training of future qualified personnel for the industry.

In the X-Lab Engineering Creativity Laboratory, students learn to combine knowledge from different disciplines when solving practical problems. Senior research fellow at PISh CI Mikhail Zhmailo spoke about the project workshop, which is part of the educational program and combines design, engineering, digital manufacturing, project management, and teamwork.

Head of the engineering team Polytech Voltage Machine, engineer of the Higher School of Transport IMMiT SPbPU Vsevolod Gaiduk introduced the intensive participants to the team that develops robotic platforms for high cross-country ability and ground electric transport. Polytechnicians create solutions for people with disabilities and for firefighting.

Arseniy Klyuev, Senior Lecturer at the Higher School of Power Engineering, spoke in more detail about the SKB Power Machines — Polytech. This is a unique educational cluster focused on training personnel for the Power Machines company. The end-to-end training trajectory begins with the school's engineering classes and continues through youth and student design bureaus, bachelor's and master's programs. Senior students are involved in real engineering projects implemented in the interests of the company under the guidance of curators — specialists with experience in implementing R&D from the university and employees of the enterprise. The success of the project is ensured by coordination between the university and the company, effective infrastructure, a motivation system and corporate culture.

Director of the Higher School of High-Voltage Power Engineering Viktor Belko showed the structure of the Electrical Machines department within the SKB Power Machines — Polytech. For example, the Electrical Insulation Laboratory trains personnel in the context of growing demand for domestic technologies. The main goal is to involve students in research activities from their first years to accumulate practical experience in the field of electrical insulation and electrical machines, which cannot be fully ensured within the framework of traditional educational standards. The center, based on successful experience in fulfilling contracts in the field of electrical engineering and an established research base, interacts with industrial partners and forms flexible teams of students under the supervision of specialists from the university and companies.

Of particular interest was the practical case of interaction between the Power Machines company and students, starting from the second year, in terms of participation in the educational program. Leading project manager Alexandra Grigorieva presented the areas of work and the results of interaction with SPbPU within the framework of the Power Machines Trajectory, which formed the basis for the advanced training of junior students for further participation in the Power Machines – Polytech SKB. Students gain the opportunity to receive a scholarship, master a working profession and find employment.

The seminar participants visited the laboratories and workspaces of the SKB "System Engineering" teams and saw the students' developments. Including a racing car and a solar car of the Polytech North Capital Motorsport engineering racing team, the results of the work of X-Lab and SKB "Unmanned Aviation Systems", as well as a fire robot of the Polytech Voltage Machine team.

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