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Russia’s economy accelerated at the start of the year on the back of strong consumer demand, investment and exports, as the country continues to weather the impact of sanctions following the invasion of Ukraine.
Despite signs growth was slowing at the end of last year, the economy picked up in the early months of 2024, according to a Monday statement by the Bank of Russia summarizing its decision to hold rates at last month’s meeting.
Harry Miller is a writer and editor based in Toronto who has Ten years of experience in the journalism industry. Before coming to Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and a breaking news reporter with the Toronto Star. Miller currently holds two bachelor’s degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.
