Conversation

Russia’s economy faces a looming crisis marked by slowing growth, high inflation (9.8%), and labour shortages. A new report warns of stagflation, with risks of recession by Q3 2025. GDP rose just 1.4% in Q1, while consumer demand and construction are weakening. The ruble may drop later in 2025 due to falling trade and rising imports. The central bank cut interest rates, aiming to curb inflation and stabilize growth amid uncertainty.

https://www.newsweek.com/putin-warned-dual-threat-russian-economy-countdown-crisis-2082449