Russia faces stagflation threat as growth slows

Russia faces stagflation threat as growth slows …C0NTINUE READING HERE >>>

Moscow has funnelled billions of dollars to its army, soldiers and weapons makers to sustain its military campaign.
Photo: Alexander NEMENOV / AFP
Source: AFP

Prices for bread have jumped so much over the last few years that Russian pensioner Oleg Ivanovich sometimes has to go without.

But the 67-year-old says he doesn’t mind having to make sacrifices for the sake of Russia’s military offensive on Ukraine.

“We’ll bear with it. When the special military operation ends, prices will return…

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