Russians Aren’t Blowing Bigger Wages in Boon to Central Bank
(Bloomberg – bloomberg.com – Olga Tanas – June 21, 2017) There’s less than meets the eye to Russia’s consumer recovery. While real wages grew at the same pace of 3.7 percent in April and May, the most in over three years, retail sales only crawled just above zero after a record 27 months of contraction. The Bank of Russia expects […]
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