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The Economic Times

National / The Economic Times

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Kremlin says Russian economy's difficulties are not critical

The Kremlin states Russian economic difficulties are not critical and remain stable. Corporate sentiment sharply deteriorated in July, reaching its lowest point since mid-2022. Companies' price expectations rose markedly after five consecutive months of decline. Rising inflation expectations point to sharp cost increases amid fuel shortages. Experts warn this situation could lead to stagflation, forcing difficult economic choices.

16 Jul 2026 5:26 pm