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Russia's Economy Is a Puzzle

Russia's economy growing 3.6% in 2023 but with rising prices, limited goods, decreased real wages, and 7.4% inflation.

Russia's economy growing 3.6% in 2023 but with rising prices, limited goods, decreased real wages, and 7.4% inflation.

Russia's economy officially grew by 3.6% in 2023, largely due to military spending, yet citizens face high inflation and declining real wages. This creates a confusing picture for many trying to understand the actual economic situation.

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