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✉news BusinessEconomy first seen 10 d ago, last 10 d ago, peak #35

Russia's wartime economy shows signs of stabilising

Original: Russia's war-time economy shows signs of stabilising as factory slump eases

Russia's wartime economy is showing signs of stabilising, with the slump in factory output easing, according to a report by Firstpost. After months of decline in manufacturing, the latest indicators suggest the economy is finding its footing despite sanctions and the ongoing war in Ukraine. Observers are watching whether the recovery can be sustained given mounting budget pressures, labour shortages and high defence spending.

Why now: New economic data suggests Russia's industrial decline may have bottomed out, a significant development for the war and global economy.

RussiaFirstpost

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