Russian food prices

Soaring Russian Food Prices: Silence, Fear, and Putin’s War

A recent robbery at a Yekaterinburg food store, where thieves stole 20kg of butter alongside cash, highlights soaring food prices in Russia. The incident underscores the increasing value of essential goods, with butter prices up 30% since December 2023. This reflects broader inflationary pressures, with Russia’s October inflation rate at 8.5%, prompting the central bank to raise interest rates to combat the issue. Despite these measures, food prices, particularly for dairy, continue to rise sharply.

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