Russian New Year holiday ruined because of high food prices

With the ruble in freefall, the cost of imported goods is surging just as Russians prepare to splurge for the two-week holiday. Domestically produced food prices have also surged, fueled by inflation, supply chain disruptions, and the debilitating effects of sanctions on production. Key ingredients like chicken and mayonnaise have risen by over 30%, while potatoes have spiked by a staggering 65%. More here…