Inflation could rise again in Russia in 2023

High inflation has eroded the population’s real disposable income and is undermining living standards

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In this article

  • Previous crises lead to hoarding
  • Inflation erodes household incomes
  • Rising population dependence on state pay-outs
  • Middle class suffers most in 2022

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.