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Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report

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Summary
Nutrition label

86% Informative

Russia 's economic growth slowed to 4% in the second quarter of 2024 , down from 5.4% in Q1 .

Russia 's central bank raised its key interest rate to 18% last month in an attempt to combat inflation.

Inflation hit 9.13% year-on-year in July , according to a report by the AFP report.

VR Score

90

Informative language

91

Neutral language

56

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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