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Russia's Military Production Plummets Amid Economic Strain

10/27/2025

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Story summary
  • Russia's military-industrial complex posted its first three-year decline as production fell in September 2025.
  • The Russian Federal State Statistics Service (Rosstat) reported a 1.6% drop in fabricated metal products in September 2025.
  • Analysts attribute the slowdown to budget constraints and tighter policies.
  • Bank of Russia cut rates to spur growth and trimmed its 2026 forecast to 0.5–1%.
  • The United States has imposed sanctions on major energy companies, complicating Russia's economy.