I suspect that the ChiComs will bail them out... but at a steep price.
Rosstat is the Federal State Statistics Service in the governmental statistics agency of Russia. If it is saying inflation is 12.54 % inflation is likely higher. Kinda like DC adjusted the way comes up our CPI.
Russia is a 3rd world country that happens to have oil…and nukes.
Otherwise it’s a cesspool.
You don’t know how lucky you are, boys.
We are not that far behind... in fact we may be worse off than both Russia and china by the end of the year.
The citizens of any country are at the whim and mercy of the politicians.
“”The main risk now is the emergence of a shortage of basic imported everyday goods, as well as durable goods,” Abramov said. “Many are no longer available in stores, and prices in online stores have risen sharply.”
The asshole Putin caused the price of goods to rise in Russia, while the asshole Biden did the same in the US.
Sounds like Putin and Biden are on the same side, while Russians and Americans take the hit.
“Annual inflation soared to 12.54% as of March 11, its highest since the second half of 2015”
That’s nothing, people here insist inflation is like 40%.
There was reason to punish the Russian people. Putin is too rich to be effected personally.