Yes, absolutely that error code indicates a problem with the catalytic converter on the right side.
What it doesn't say is why. The usual answer to that is misfires due to marginal coils. Marginal coils almost never trigger a code, so you won't have any code showing for that.
Yes, it's possible that the cat is so bad that you have too much back pressure and that is why you engine isn't running right. However, it's not often that they get that bad. You can temporarily remove the front right side O2 sensor and see if it runs correctly with it out. If that resolves your problem, then the cat really is clogged. If it doesn't, then we're back to a misfire problem.