Russian inflation and inflation aftermath

Russian inflation has been a persistent issue in the country for many years, with rates often exceeding the target set by the Central Bank. High inflation leads to a decrease in the purchasing power of the population, making goods and services more expensive and impacting the overall economy.

The aftermath of inflation can be seen in various aspects of the economy, such as rising interest rates, increased costs for businesses, and a decrease in consumer spending. This can ultimately lead to a slowdown in economic growth and a decrease in living standards for the population. In order to combat inflation and its aftermath, the Russian government and Central Bank often implement measures such as raising interest rates, tightening monetary policy, and controlling the money supply. These measures aim to stabilize prices and promote economic stability in the long run.