You're reading: Euronews: Russian shoppers improvise as crisis hits holiday period

Moscow shopping mall is as crowded as any other at this time of year, but many people are taking some drastic belt-tightening measures in the face of the country’s worsening economic crisis.

Sparked by western sanctions and the worst rouble collapse in years, inflation has risen above 10 per cent.The Russian government has forecast a sharp recession for next year.

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