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Russia's War-Fueled Economic Growth Slows, Raising Stagflation Fears
Despite Russia's economy showing 3.5-4% growth in 2024 due to military spending and adaptation to sanctions, this is slowing, with the Central Bank predicting 0.5-1.5% growth in 2025, raising concerns of stagflation as military spending surpasses 8% of GDP.
Russia's War-Fueled Economic Growth Slows, Raising Stagflation Fears
Despite Russia's economy showing 3.5-4% growth in 2024 due to military spending and adaptation to sanctions, this is slowing, with the Central Bank predicting 0.5-1.5% growth in 2025, raising concerns of stagflation as military spending surpasses 8% of GDP.
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