Russia's economy is entering a year of pain in 2025Russia's economy will face significant challenges in 2025 due to high defense spending, inflation, and ongoing sanctions.
Some Russians are spending like no tomorrow with 'considerable' overheating in the economyConsumption per capita in Russia surged over 20% from 2021 to 2023, driven by an overheated economy fueled by wartime state spending.
Russia's economy is entering a year of pain in 2025Russia's economy will face significant challenges in 2025 due to high defense spending, inflation, and ongoing sanctions.
Some Russians are spending like no tomorrow with 'considerable' overheating in the economyConsumption per capita in Russia surged over 20% from 2021 to 2023, driven by an overheated economy fueled by wartime state spending.