Rising inflation in Russia leads to soaring beer prices and public discontent
Rising inflation in Russia has led to significant price increases for basic goods, including beer. In Kazan, a local drinker noted that the price of Guinness has more than doubled, reflecting broader economic struggles amid Western sanctions. Food prices have also surged, with potatoes up 64% and butter rising 25% since the start of the year. Supermarkets are locking up dairy products due to theft, highlighting the impact of the economic crisis on everyday life. Criticism of the government's economic policies is growing, including from influential business leaders. The Central Bank's interest rate hike to 21% has raised concerns about potential bankruptcies among companies in Russia.