I hope this is true for the sake of the common Russian because it seems like this war was a terrible idea...I mean with all the maiming, killing, destruction, exodus of the population, severing of economic ties, severing of common bonds with neighboring countries, endless nuclear threats, etc etc...just seems like a terrible way to revitalize the economy and military.
They had on paper re vitalized economy by placing restrictions and prohibitions, printing at least 3 500 000 000 000 roubles and huge orders for military and construction industry.
Putin is paying for reinforced concrete panels and bags for sand more than casual businesses.... also recruiters are hiring for special military operation employees working to produce these bags and panels....via offering more money.... than in factory... so businesses does have shortage of employees forcing to rise salary offers for next candidates...
Interest rates hiking ofc too despite is KD for casual businesses and will create inflation, in short term reduces inflation. Hiring for MIC and Special Operation ofc does reduce unemployment % and increase number of job offers for other industries.
So for Putin all does looks good : inflation slowed down, unemployment % dropped, number of jobs offers increased....so all OK.
While in January 2022 for long term economy perspective russian economists and financial experts had advised to keep rouble exchange rate approx the same and to reduce base key interest rate below 2,5% yuop ....
Putin rised this till 18%....
And yes, if for example you have real economy drop -2,5% and will invest savings worth 5% of nominal GDP ..you will get GDP rise by approx 2,5% and might tell that you are happy on paper....
Numbers here are illustrative example....