Russia's Pensioners Struggle with Soaring Grocery Prices Amid High Inflation
-
Russian pensioners struggling to afford basic necessities like rent and food due to high inflation
-
Grocery prices have spiked 25-75% for staples like meat, dairy, fruits and vegetables
-
Russia's Central Bank has aggressively raised interest rates to try to rein in inflation and stabilize currency
-
Military spending prioritized in new budget, likely fueling further inflation
-
Ruble has stabilized somewhat vs dollar after initial plunge, but import costs still very high amid sanctions