• WaxedWookie@lemmy.world
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    1 year ago

    I really don’t want to respond to this with whattaboutism and American diabolosm, but I’d be curious to this compared with the same rate in the US.

    The world around, the rich just keep getting richer at the expense of the rest of us.

  • zerfuffle@lemmy.ml
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    1 year ago

    Year end inflation of 7% doesn’t actually seem that bad? I’m surprised it’s not higher tbh

  • AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    The findings, from an October survey of almost 5,000 people, put Russia’s economic woes in sharp focus and could give the authorities a headache in the run-up to March’s presidential election, in which President Vladimir Putin is likely to extend his more than two decades in power.

    Record-low unemployment this year is evidence of Russia’s stark labour shortages, while the rouble’s weakness has added to intense inflation pressure.

    Interest rates, already at 13%, are expected to rise further to tackle inflation seen ending the year at around 7%, well above the Bank of Russia’s 4% target.

    Asked whether their salary was enough to cover basic spending, without taking into account income from second jobs or investments, just one in five Russians surveyed said yes.

    The average monthly nominal wage earned by Russians was 71,419 roubles ($756) in July, Rosstat’s statistics show.

    Russia could miss its 2024 budget revenue target and be forced to hike business taxes if the rouble proves stronger than expected and optimistic economic assumptions fall short, analysts say.


    The original article contains 375 words, the summary contains 171 words. Saved 54%. I’m a bot and I’m open source!

    • palordrolap@kbin.social
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      1 year ago

      Can’t fully agree with the sentiment there. There are innocents in Russia who very much don’t deserve any of this.

      But Putin though? Yeah. Him specifically and anyone who supports him.