What have three years of Putin’s war done to both nations’ economies?

Russia’s failure to subdue Kyiv makes Ukraine the better option for investors if the war ends. Photograph: Ukrinform/Rex/Shutterstock

As Ukrainians prepare to enter their fourth year dealing with the harsh daily realities of life during conflict with Russia, few will be musing on the comparative economic health of the warring nations. However, inflation figures released either side of the border showed the continued toll the conflict has had on citizens of both countries – with price rises running at 9.5% in Russia and 12% in Ukraine.