Published on 29/11/2024 23:41
Updated on 29/11/2024 23:57
Reading time: 1min – video: 1min
Russians affected by galloping inflation
Russians are affected by galloping inflation which is hitting their purchasing power hard. The prices of food and basic products have increased considerably, creating a climate of discontent among the population. This situation is aggravated by the devaluation of the ruble, which has lost its value against the main international currencies.
(franceinfo)
While a real war economy has been established in Russia, citizens are feeling increasingly significant inflation.
Behind the reassured speech of the Kremlin after sending its latest generation Oreshkin missile on Ukraine, other realities hide. Russia deploys significant financial resources in this war but in reality suffers from its economic situation. While the country maintains that Western sanctions have no impact on it, the reality for its citizens is a little different.
Russians are affected by galloping inflation which is hitting their purchasing power hard. The prices of food and basic products have increased considerably, creating a climate of discontent among the population. This situation is aggravated by the devaluation of the ruble, which has lost its value against the main international currencies. As a result, imports cost more, which is reflected in retail prices.
Watch the full report in the video above.
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