Russian inflation undermines public trust

Russian inflation undermines public trust

High inflation rates in Russia have led to a decrease in public trust in the government and financial institutions. Rising prices for goods and services have eroded the purchasing power of citizens, causing dissatisfaction and frustration.

As the cost of living continues to rise, many Russians are struggling to make ends meet, leading to a lack of confidence in the country’s economic stability. The government’s response to inflation has been criticized as inadequate, further fueling public distrust.