In the first quarter of 2024, the real gross domestic product (GDP) of Russia grew by 5.4 percent compared to the same quarter of the previous year.
You have to look at inflation in relation to wages, not GDP. How is it that you’re unable to understand such basic things? If the cost of living was outpacing salaries in Russia, please explain to me why the World Bank has just reclassified Russia as a high income country. I’m very curious to hear more about this new fangled economic theory you subscribe to. …worldbank.org/…/world-bank-country-classificatio…