Russia’s partial mobilisation harms consumer, business confidence – cenbank analysts
11:14 am Wednesday, October 19th, 2022
MOSCOW (Reuters) – Russia’s partial mobilisation is having a negative impact on consumer and entrepreneurial confidence, while also posing new challenges for small and medium-sized companies, Russian central bank analysts said on Wednesday.
They also said in a note that the resulting labour force contraction could hold back overall economic activity in coming months. The analysts added that the impact of mobilisation could have both disiflationary and pro-inflationary factors.
(Reporting by Reuters)
