Russia’in economy faces stagflation threat as growth slows

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MOSCOW Surging prices, annual inflation came in at a little over nine percent in August, is just one of the economic headaches Russia is grappling with as it has increasingly militarised its economy since ordering troops into Ukraine in February 2022. Moscow has funnelled billions of dollars to its army, soldiers, their families and weapons makers to sustain its military campaign, a spending splurge that helped it defy Western hopes that sanctions would push it into economic collapse. But after

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Russia’in economy faces stagflation threat as growth slows https://www.hurriyetdailynews.com/ - 12.09.2024 11:12

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Russia’in economy faces stagflation threat as growth slows https://www.hurriyetdailynews.com/ - 12.09.2024 11:12