Thanks for the twitter free link 👍, Interesting read. Despite examples on single items that are higher, I think 30% is a bit on the high end, but it’s good to see people debunk the official propaganda.
I found the butter situation mostly confirming my own estimate.
But even this article on a single issue doesn’t state the size of the package:
Reuters reporters found shopping bills showed the price of a pack of Brest-Litovsk high-grade butter in Moscow has risen by 34 per cent since the start of the year to 239.96 roubles ($3.41 Cdn).
Searching further I found that the brand is generally sold in either 120 or 180 gram packages.
So that doesn’t help much except here we generally used 250 gram but many have shrinked it to 200g, so Russia may suffer some shrinkflation too?
But the claim is that butter has officially increased 25.7%, but according to Reuter price checks it’s 34%. But butter is supposed to be in the high end.
For sure inflation is nipping away the value of Russian wages. And it’s weird to read about Russians that are puzzled about why prices are increasing? But maybe they don’t dare say what they are thinking.
Yes and also Turkey and Iran. Most is supposed to come from Turkey.
The interesting thing is that allegedly this is caused by the unstable economic situation in Russia, it’s simply too risky to invest in production.
And as long as that is true, the Russian industrial output will keep shrinking, making the economy even worse.
Prune602 unfortunatly on Twitter writes up on the Russian economy on a regular bases. Here is a pretty decent thread on inflation: https://threadreaderapp.com/thread/1841884096655720630.html
Thanks for the twitter free link 👍, Interesting read. Despite examples on single items that are higher, I think 30% is a bit on the high end, but it’s good to see people debunk the official propaganda.
I found the butter situation mostly confirming my own estimate.
https://www.cbc.ca/news/world/russia-wartime-economy-butter-price-inflation-1.7371742
But even this article on a single issue doesn’t state the size of the package:
Searching further I found that the brand is generally sold in either 120 or 180 gram packages.
So that doesn’t help much except here we generally used 250 gram but many have shrinked it to 200g, so Russia may suffer some shrinkflation too?
But the claim is that butter has officially increased 25.7%, but according to Reuter price checks it’s 34%. But butter is supposed to be in the high end.
For sure inflation is nipping away the value of Russian wages. And it’s weird to read about Russians that are puzzled about why prices are increasing? But maybe they don’t dare say what they are thinking.
No worries the Russian government is already solving the butter situation. They just started importing butter from the UAE.
https://www.interfax.ru/russia/989968
Yes and also Turkey and Iran. Most is supposed to come from Turkey.
The interesting thing is that allegedly this is caused by the unstable economic situation in Russia, it’s simply too risky to invest in production.
And as long as that is true, the Russian industrial output will keep shrinking, making the economy even worse.