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Regions Africa

Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report

It comes as the Kremlin battles rising inflation and warnings that the economy is overheating.

By: Business Insider
  • Aug 12 2024
  • 3
  • 6443 Views
Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report
Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report
Moscow.Westend61/ Getty Images
  • Russia's GDP growth slowed to 4% in Q2, while inflation continued to rise.
  • Economists have long been warning that the Russian economy is showing signs … [+2455 chars]

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