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Analysis
Consumer boom in Russia
By NEWS SYSTEM
Published: November 24th, 2007
Related tags: boom, consumer, Russia
Russia is experiencing a dynamic consumer boom. Millions of citizens today can afford to shop until they drop - like their western peers. And at the moment, there appears to be no end in sight. But Russia's economic miracle is not without complications. Inflation, growing income disparity, limited savings, and the persistence of corruption are challenges to be overcome.
