Russian President Vladimir Putin announced on Thursday that while Russia’s economy remains stable despite external pressures, there are signs of overheating leading to high inflation.
Speaking at a televised end-of-year press conference, Putin stated, “With the economy as a whole, the situation in Russia is stable, despite external threats and attempts to influence us.”
However, he expressed concern over the rapid rise in prices, admitting, “Inflation is a worrying signal.”
The admission highlights the economic challenges Russia faces, as increasing inflation can impact everyday life for citizens and influence the global market.
Reference(s):
Putin says Russian economy is stable but acknowledges some overheating
cgtn.com
