Russian President Vladimir Putin struck a balancing act during his year-end press conference Thursday, praising the country’s economic resilience while acknowledging brewing inflation pressures. 🌡️
\"The situation in Russia is stable, despite external threats and attempts to influence us,\" Putin declared, referencing Western sanctions. But he added a caveat that caught analysts’ attention: \"Inflation is a worrying signal.\"
👉 What’s happening? The Russian economy is experiencing \"overheating\" — think of it like a car engine revving too hard. While industrial output and government spending remain strong, prices for everyday goods are rising faster than expected (up 7.5% year-over-year in November).
Putin’s mixed message reflects both confidence in Russia’s wartime economic adjustments and concern about sustaining growth. For young professionals tracking global markets, this signals potential volatility ahead. 💼
