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I don’t believe the „over heating“ part of this message. I think it’s rather the „lack of“ explanation. Lack of needed imports, lack of labor force (men going into war), lack of civil production at all, …
When a country changes its economy to war-economy, inflation often shows up.
Yeah that's just putin trying to paint the economical disaster as something good.
Overheating: not enough goods to be bought because of growing demand.
Russia: not enough goods to be bought because of lowered production.
Or so I understand it.
AFAIU, its actually just skyrocketing wages making everything expensive. I'm not aware of serious shortages.
Well now you are, there are shortages of about all imported goods due to sanctions, duh. That includes lots of food, it's not just iPhones.
Skyrocketing wages too, because the Kremlin prints money like the Weimar republic. To fund a losing war in Ukraine.
Cool, he should kill himself tho.