Russia's overheated economy sees 20% surge in consumption, fueled by wartime state spending and high inflation, prompting central bank to raise rates to 18% to combat 9% inflation. GDP growth hit 3.6% with record low unemployment at 2.6%.
Despite sanctions, Russia's economy thrives, driven by military spending. Russians spend generously on travel, culture, hotels amidst rising wages and inflation. Central bank warns of overheating economy as consumption rises.
Collection
[
|
...
]