The pace of Russia’s economic growth slowed in the second quarter of 2024, official data showed Friday, amid concerns over stubborn inflation and warnings of “overheating.”

Gross domestic product (GDP) dipped from 5.4% in the first quarter to 4% from April to June, the lowest quarterly result since the start of 2023 but still a sign the economy is expanding.

Inflation meanwhile showed no signs of easing, with consumer prices rising 9.13% year-on-year in July — up from 8.59% in June and the highest figure since February 2023, according to data from the Rosstat statistics agency.

    • andrew_bidlaw
      link
      fedilink
      English
      24 months ago

      I’m glad it was.

      I now find that the ‘obviosity’ thing is misplaced. It comes from every time I talk about it with my peers - in a context of anti-LGBTQ+ propaganda. In a recent change of constitution it was established that the traditional russian family is a union of a man and a woman (you could’ve heard rightwing policies with the same wording from other places), and then the government even called 2022 as the Year of the Family, all while demographic problems made women-only family a tradition, women being flatmates a key to survival and men being disposed en masse in one another meatgrinder a daily thing.