Russia's Economy Shows Signs of Decline Amid War and Manufacturing Challenges
TL;DR Summary
Russia's manufacturing sector contracted sharply in June, signaling potential economic slowdown driven by weak demand and a strong ruble, with factory jobs and business confidence declining amid global uncertainty and the country's reliance on wartime spending, raising concerns about long-term economic sustainability.
- Russia's economy just flashed warning signs about manufacturing and employment Business Insider
- Russia's War Economy Is Heading To Recession. It Probably Won't Slow Down The War. Radio Free Europe/Radio Liberty
- Russian Manufacturing Activity Sees Sharpest Decline Since Early Months of Ukraine Invasion The Moscow Times
- Russia's Officials Keep Contradicting Putin on War Economy Newsweek
- Russian services sector contracts for first time in a year in June Reuters
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