Russian Inflation Rises Once Again in May
The pace of inflation in Russia accelerated yet again in May as officials warn huge public spending to support the military offensive on Ukraine is overheating the economy.
Increases in government expenditure have supported Russia's economy in the face of a barrage of Western sanctions but also triggered surging prices and labor shortages in many sectors not connected to the campaign.
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The pace of inflation in Russia accelerated yet again in May as officials warn huge public spending to support the military offensive on Ukraine is overheating the economy.
Increases in government expenditure have supported Russia's economy in the face of a barrage of Western sanctions but also triggered surging prices and labor shortages in many sectors not connected to the campaign.
Read more | Subscribe to our channel