{
  "id": 9602157,
  "title": "Average household utility rates in Russia are expected to rise 11% in July 2027, up from the 8.7% increase authorities previously projected",
  "url": "https://urgent.news/2026/09/24/average-household-utility-rates-in-russia-are-expected-to-rise-11-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T18:22:27.000Z",
  "source": {
    "name": "Meduza (English)",
    "slug": "meduza-english",
    "url": "https://meduza.io/en/news/2026/09/24/average-household-utility-rates-in-russia-are-expected-to-rise-11-in-july-2027-up-from-the-8-7-increase-authorities-previously-projected"
  },
  "original_language": "en",
  "account": "According to the Economic Development Ministry of Russia, the average household utility rates are forecasted to increase by 11% on July 1, 2027. This projection is an increase from the previously anticipated 8.7% rise. The ministry also predicts a 8.6% increase on July 1, 2028, and a 7.6% surge on July 1, 2029. These figures are higher than the earlier estimates of 8.7% for 2027, 7.1% for 2028, and 6.1% for 2029, reported by Faridaily. The ministry cites rising inflation and anticipated higher increases in gas and electricity rates as the reasons behind these revisions. Despite these projected increases, the average utility rate rise planned for October 1, 2026, remains at 9.9%. Following the conclusion of the State Duma elections on September 20, Russian authorities announced plans to raise taxes. The Finance Ministry suggested taxing passive income, like interest on bank deposits and dividends, at a rate of 13-22%, up from the current 13-15%. Additionally, the maximum 22% value-added tax (VAT) rate was proposed to be applied immediately to purchases from foreign online stores, a move that had been previously talked about but would now be enacted immediately. Lastly, a 100-ruble fee on parcels from abroad valued at up to 200 euros, which is currently exempt from customs duties, was also proposed.",
  "summary": "Russia’s Economic Development Ministry forecasts an average 11% increase in utility rates on July 1, 2027. It projects average increases of 8.6% on July 1, 2028, and 7.6% on July 1, 2029.",
  "key_points": [
    "Average household utility rates in Russia to rise 11% in July 2027.",
    "Increase from projected 8.7% rise in 2027.",
    "Reasons: rising inflation and higher gas/electricity rates."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}