Member-only story

Another View of the Russian Economy and Hybrid War

Nadin Brzezinski
7 min readDec 30, 2024

--

Important Stories ran this prediction for 2025, and it's pregnant with implications. It also points out that the ruble is again devaluing. So the question is, what measures will be used to stabilize it again?

“A 75% increase in prices for everything is a working forecast.” Economist on inflation rates in 2025

Today, the dollar exchange rate on the international Forex market reached 111 rubles. On the same day exactly one year ago, the ruble was 20% more expensive . Economist Vyacheslav Shiryaev told MO how the current situation in the Russian economy will affect prices:

📌In November, the official (monthly) inflation was 1.5%, and in December, according to all forecasts, it should be more than 2%, and if this trend continues, then only the official annual inflation will be 20–30% , Shiryaev notes.

📌At the same time, real consumer inflation (that is, the one that customers see in stores) may be even higher. According to the Russian Institute of Humanity ROMIR , which published data on it until September 2024, consumer inflation exceeds the official one by three times.

📌 The economist emphasizes that high inflation is related to the actions of the Central Bank. “The Central Bank has already stopped raising the key rate. This accelerates inflation even more…

--

--

Nadin Brzezinski
Nadin Brzezinski

Written by Nadin Brzezinski

Historian by training. Former day to day reporter. Sometimes a geek who enjoys a good miniatures game. You can find me at CounterSocial, Mastodon and rarely FB

Responses (9)