Rising Butter Prices Lead to Thefts in Russia

In Russia, butter prices have surged by 25.7% since December, with specific brands seeing increases of up to 34%, leading to thefts in supermarkets and prompting retailers to adopt anti-theft measures. The rising costs are attributed to soaring production expenses, increased demand for dairy products, and inflation exacerbated by the ongoing war in Ukraine. Deputy Prime Minister Dmitry Patrushev announced that the government is closely monitoring these price hikes and is facilitating increased butter imports from Turkey and other countries to alleviate shortages. Despite the government framing the economy as resilient and balanced, these food price increases are raising concern among consumers, recalling last year's egg price crisis. Additionally, overall inflation remains high, with the central bank maintaining elevated interest rates to combat economic pressures. The situation highlights the delicate balance of sustaining both civilian needs and military expenditures amid ongoing sanctions and war efforts.