France24 English
Inflation has again spiked in Russia in recent months, fuelled by massive public spending on the Ukraine war and big wage increases in many sectors of the economy. To counter this, the Central Bank raised its benchmark interest rate to a record 21 percent at the end of October…
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Chronic inflation hits Russia as huge pay increases fuel rising prices
Inflation has again spiked in Russia in recent months, fuelled by massive public spending on the Ukraine war and big wage increases in many sectors of the economy. To counter this, the Central Bank raised its benchmark interest rate to a record 21 percent at the end of October…