Russia’s Food Price Inflation Soars to Staggering 48.8% in Six Months
With Russia’s annualized food inflation now hitting 97%, fears of unrest are growing not only in Russia’s regions but in the large cities as well as government remains paralyzed to act in any real way with war commitments consuming all available budgetary funds. In yet another symptom of Russia’s deepening economic crisis, food price inflation has surged to an alarming 48.8% in just six months, according to latest government data.
Russia’s Food Price Inflation Soars to Staggering 48.8% in Six Months Read Post »