Cracks in Russia’s Wartime Economy: Real Incomes Fall for the First Time Since 2023
A recent assessment by the Center for Macroeconomic Analysis and Short-Term Forecasting (CMACP), a prominent research group closely aligned with the Kremlin, reveals that Russia’s real disposable incomes fell by 1% in the first quarter of the year compared to the preceding three months. This downturn represents the first contraction in real incomes since the […]