Putin says Russia faces big economic challenges, must keep inflation in check

Russian President Vladimir Putin has called for measures to control rising inflationary risks in the country and maintain a high level of industrial output, as he prepares for re-election and deals with the strain of military operations in Ukraine.

yahoo.com

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8/26/2023

Russia’s economy is overheating

The Russian economy is facing several major issues, including a labor shortage, soaring inflation, a tumbling ruble, the risk of recession, a real estate bubble, and the nationalization of foreign businesses, which could lead to stagnation and a fall in GDP growth in the long term.

9/9/2023

Zelensky Warns of Nuclear Threats from Weakened Putin, But Urges West Not to Panic

Ukrainian President Volodymyr Zelensky warns that a weakened Vladimir Putin will resort to nuclear threats and winter bombings, but urges Western leaders not to panic and emphasizes Ukraine's determination to prevail in the conflict.

9/12/2023

Putin Addresses Russian Inflation and Rouble Volatility, Says Markets Can Remain Stable

Russian President Vladimir Putin warned that Russia's economy would suffer if inflation is not controlled, stating that the central bank had to raise interest rates to 12% due to increasing inflation, causing difficulties in forming business plans. However, he stated that there were no concerns about rouble volatility and that the government had tools to keep currency and markets under control.

9/13/2023

Russian Inflation Soars to 5.15%, Raising Uncertainty for Businesses and Risk of More Rate Hikes

Russian President Vladimir Putin acknowledged that inflation in Russia has made it nearly impossible for businesses in the country to plan, but he brushed off longer-term concerns, stating that the problems are not "insurmountable."

9/13/2023

Russia Faces Mounting Economic Woes as Inflation Soars

Russia's economy ministry has raised its 2023 inflation forecast from 5.3% to 7.5% due to the impact of the war in Ukraine, and President Putin has acknowledged that high inflation is causing difficulties for businesses.

9/15/2023

Russia Raises Key Rate to 13% as Ruble Struggles, But Forecasts Economic Growth Ahead

The Central Bank of Russia has raised its key lending rate to 13% in an effort to combat inflation and stabilize the struggling ruble, which has weakened significantly against the dollar due to decreased exports and increased imports. The country also faces challenges with low unemployment and a brain drain of talent to other former Soviet states. However, the Russian government remains optimistic about economic growth forecasts for 2023.

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Posted 8/22/2023, 3:41:06 PM

Putin says Russia faces big economic challenges, must keep inflation in check

yahoo.com

Relevant topic timeline:

8/26/2023

Russia’s economy is overheating

9/9/2023

Zelensky Warns of Nuclear Threats from Weakened Putin, But Urges West Not to Panic

9/12/2023

Putin Addresses Russian Inflation and Rouble Volatility, Says Markets Can Remain Stable

9/13/2023

Russian Inflation Soars to 5.15%, Raising Uncertainty for Businesses and Risk of More Rate Hikes

9/13/2023

Russia Faces Mounting Economic Woes as Inflation Soars

9/15/2023

Russia Raises Key Rate to 13% as Ruble Struggles, But Forecasts Economic Growth Ahead