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War lowers income by reducing the size of the population and reducing total factor productivity through the destruction of physical and human capital. This column describes the demographic trends in Ukraine and the impact of the 2022 war. Covid-19 worsened the downward long-term demographic trend in Ukraine, and Russia’s invasion of Ukraine has added to this through
Russia's population is declining even as it emerges from the worst of the covid-19 epidemic, underlining the government's difficulties in reversing the slump as President Vladimir Putin wages war in Ukraine.
Consumer prices rose an annual 17.1% in May after a gain of 17.8% a month earlier, the Federal Statistics Service said Wednesday.
Consumer price growth in Ukraine in May 2022 slowed down to 2.7% from 3.1% in April and 4.5% in March, but exceeded 1.6% in February and 1.3% in January, the State Statistics Service said on Thursday.
Nearly 90% of Russian companies say they are affected.