Posted 11/27/2023, 3:52:27 PM
Russian Shoppers Struggle with Soaring Grocery Costs Amid High Inflation
- Russian supermarkets full of fruit, vegetables, meat, but many shoppers can't afford high inflation prices
- Russia's Central Bank has raised key lending rate 4 times this year to try to control high inflation, stabilize ruble
- Some food prices up 25% or more compared to 2022 - fruits, vegetables, dairy, meat seeing spikes
- Pensioner shopper says her income not enough to pay rent and food without help from her children
- Russia's defense spending hitting record highs in new budget while analysts say that will continue driving inflation