Year end inflation of 7% doesn’t actually seem that bad? I’m surprised it’s not higher tbh
Cheap fuel?
That’s the official numbers. They mean nothing in the real world. In the real world purchasing power of ruble got halved, at least.
Just like how the US fudges the numbers on Inflation by redefining the “basket of goods” used for calculations
Edit here’s an interesting video about it for anyone who doesn’t believe me… https://youtu.be/1QAuROcA4mY?si=ab20iblc3BKrL0ZL
Countries with a materially productive economy and decent balance of payments generally don’t have excessive inflation.
The solution is obviously more meat wave attacks.
You see, Ivan, if there are less people, remaining people have more potatoes.
I wonder what this stat looks like for western countries. I know half of USians can barely make ends meet.
This is the best summary I could come up with:
The findings, from an October survey of almost 5,000 people, put Russia’s economic woes in sharp focus and could give the authorities a headache in the run-up to March’s presidential election, in which President Vladimir Putin is likely to extend his more than two decades in power.
Record-low unemployment this year is evidence of Russia’s stark labour shortages, while the rouble’s weakness has added to intense inflation pressure.
Interest rates, already at 13%, are expected to rise further to tackle inflation seen ending the year at around 7%, well above the Bank of Russia’s 4% target.
Asked whether their salary was enough to cover basic spending, without taking into account income from second jobs or investments, just one in five Russians surveyed said yes.
The average monthly nominal wage earned by Russians was 71,419 roubles ($756) in July, Rosstat’s statistics show.
Russia could miss its 2024 budget revenue target and be forced to hike business taxes if the rouble proves stronger than expected and optimistic economic assumptions fall short, analysts say.
The original article contains 375 words, the summary contains 171 words. Saved 54%. I’m a bot and I’m open source!
Another half works as jailers.
Поздравляю. Ты карикатурен. Минуты скроллинга твоей русофобской истории только что окупились сполна смехом в голос.
Good. Fuck Russia, fucking shithole country. Slava Ukraini! 🇺🇦
Don’t mind the downvotes, I’m with you on this.
