https://www.businessinsider.com/russian-economy-overheating-consumer-spending-tourism-central-bank-interest-rate-2024-7

Despite sweeping sanctions over its invasion of Ukraine in February 2022, Russia’s economy hasn’t broken down and even appears resilient, as it’s now being driven by wartime state spending on military activities and subsidies.

“Consumption is booming due to a combination of massive budget spending and labor force shortages leading to strong wage pressures,”