Inflation rates (Russia) - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Wed, 10 Jul 2019 10:56:56 +0000 en-US hourly 1 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png Inflation rates (Russia) - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 Putin on brink: Russian President under threat as he faces new unexpected domestic dilemma https://www.garnertedarmstrong.org/putin-on-brink-russian-president-under-threat-as-he-faces-new-unexpected-domestic-dilemma/?utm_source=rss&utm_medium=rss&utm_campaign=putin-on-brink-russian-president-under-threat-as-he-faces-new-unexpected-domestic-dilemma Wed, 10 Jul 2019 10:56:56 +0000 http://www.garnertedarmstrong.org/?p=28159 RUSSIA’s Vladimir Putin is under severe threat as some have criticized the President for the running of the Russian economy and there is one specific problem he is now facing. Russia news: Putin under severe domestic pressure (Image: GETTY) The Government … Read More

The post Putin on brink: Russian President under threat as he faces new unexpected domestic dilemma first appeared on Garner Ted Armstrong Evangelistic Association.

]]> RUSSIA’s Vladimir Putin is under severe threat as some have criticized the President for the running of the Russian economy and there is one specific problem he is now facing.

Russia news: Putin under severe domestic pressure
Russia news: Putin under severe domestic pressure (Image: GETTY)

The Government has been accused of trying to cover up the rising rate of inflation. The current official figures put the rate of inflation at 4.7 percent but in a report published by Rosstat, the state statistical agency has disputed that figure. Rosstat specifically referenced food such as cabbage – a staple of the Russian diet – has increased seven times faster in the last year.

Moreover, the report also stated that everyday goods such as eggs have risen by six times the official rate of inflation.

Moskovsky Komsomolets, a newspaper that is usually supportive of the Government also savaged the officials for supposedly lying about the rue rate of inflation in the country.

The tabloid said: “They are pulling the wool over our eyes.

“It’s as if these products came from another planet!

Russia news: The Government has been accused of undercutting the true inflation figures
Russia news: The Government has been accused of undercutting the true inflation figures (Image: GETTY)

“Why do we need a method of calculating inflation that no one, not even the authorities, believes?

“There’s no point in indulging in illusions.”

Adding more speculation that inflation rates have been altered, Russians had also found that certain supermarkets had also begun to reduce the number of eggs sold but still charge the same price.

Last month in Putin’s annual conference with the public, the President promised to stop the rising poverty in the country whereby 20 million people live below the poverty line.

Russia news: Russian polls have also shown Putin to be at his lowest approval rating
Russia news: Russian polls have also shown Putin to be at his lowest approval rating (Image: GETTY)

According to officials at the Russian Presidential Academy of National Economy and Administration, the 20 million does not reflect the true figures.

Experts have instead stated that in fact, a quarter of the population of Russia’s estimated 144.5 million actually lives below the line.

Following the economic difficulties within the country, Putin has suffered his worst approval rating since he took office in 2000.

In a poll produced by state pollster, Vtsiom, Putin has fallen to 30 percent.

That rating is down from 33.4 percent in 2015 according to the data shown in January.

Source: https://www.express.co.uk/news/world/1151400/Russia-news-Vladimir-Putin-latest-update-economy-Russian-President-Moscow-Europe

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The post Putin on brink: Russian President under threat as he faces new unexpected domestic dilemma first appeared on Garner Ted Armstrong Evangelistic Association.

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