Factors driving Russian inflation

Factors driving Russian inflation include both internal and external factors. Internally, factors such as strong domestic demand, high government spending, and monetary policy play a significant role in driving inflation. Externally, factors such as fluctuations in global commodity prices, exchange rate movements, and geopolitical tensions also impact inflation in Russia. Additionally, structural issues such as inefficiencies in the supply chain and regulatory barriers contribute to inflationary pressures in the economy. Overall, a combination of internal and external factors drive inflation in Russia.

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