Russia’s Economy Is So Resilient, It Risks Overheating

I’m Chris Anstey, a senior editor in Boston, and today we’re looking at Russian economic resilience. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Russia’s government touted robust domestic demand in boosting its 2024 growth forecast on Tuesday. While some might be tempted to dismiss the move as geopolitical bravado in the face of the US stepping up Ukraine aid, Russian economic strength is real.