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Monday, September 9, 2024

Some Russians are spending like no tomorrow with ‘considerable’ overheating in the economy

Russia’s economy is booming, and some people are spending generously, sending prices up. Russia posted 3.6% GDP growth last year. The unemployment rate hit a record low of 2.6% in April, as men continued heading to the war’s front amid a brain drain. The labor crunch has driven up wages, …

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