Russia may have spent $1.3 billion on an aerial attack as inflation continues to soar in the country on the back of huge state defense spending

• Russia launched a $1.3 billion air assault on Ukraine this week.
• The attack used hundreds of UAVs and missiles, including Shahed strike drones and ballistic missiles.
• Inflation has soared in Russia on the back of heavy state spending on the war in Ukraine.

On August 26, Russia launched a massive air assault on Ukraine, deploying an array of missiles and drones that cost an estimated total of $1.26 billion, according to calculations by the Ukrainian outlet Ekonomichna Pravda (EP).