This is just western propaganda. Bread has never been cheap or affordable. It has always been a luxury product. Don't believe the western lies! (/s of course)
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Living in Eastern Germany, the percentage of people who actually believe the Russian economy is going great, is quite staggering.
That is so sad :(
You run into them on fediverse from time to time if you haven't blocked lemmy.ml.
I used to subscribe to asklemmy
and linux
over there. Until one day, I got a site-wide 30-day ban because I suggested the US not delivering weapons to Ukraine may bring us closer to a NATO-Russia war. I've made it a rule not to subscribe to .ml
communities since. :)
Ah, never mind, you'll bear with it (/satire, just to be safe).
A few numbers more:
Annual inflation in August 2024 was 9.05%, around the same level as in July 2024 when it was 9.13%.
Annual inflation rates in Russia this year (2024):
- January: 7.44%
- February: 7.69%
- March: 7.72%
- April: 7.84%
- May: 8.3%
- June: 8.59%
- July: 9.13%
- August: 9.05%
The slowdown in inflation in August was expected and is explained by the seasonal decline in the price of fruit and vegetables, according to Russia's Federal State Statistics Service (Rosstat) which these statistics all come from.
In January-August 2024, prices increased by 5.25%. In January-August 2023, prices increased by 3.70% (again, the data comes from Rosstat).
(It is noteworthy that the Jan-Aug 2023 rise of 3.70% is already high.)
As the article also states:
"The shortage of (labour) resources may lead to a situation where economic growth slows down, despite all the efforts to stimulate demand, with all that stimulus accelerating inflation," Central Bank Governor Elvira Nabiullina said over the summer.
[Edit typo.]
That's not the worst part, the inflation is there in spite of crazily high 16% central bank loan percentage. Which means no investment possible in the economy.
This has been going on for quite some time now.
Edit : @Melchior 18%. Totally insane.
Do not, my friends, become addicted to water. It will take hold of you, and you will resent its absence.
No wonder Russians can't afford bread any more โ it's all being bought up by American weirdos.
Always those Americans! I want to export European weirdos to Russia too...
Huh, if there only was a way to get rid of those sanctions...
This all doesn't matter if Ukraine can't win the war.
Russia needs to be able to produce enough weapons to wage war. That is also true for any potential war against EU members, such as the Baltic states or Poland.
Also Russia and Ukraine can both be defeated in the same peace deal. Just look at the British Empire and WW2. The UK one, but it lost its Empire.
Russia needs to be able to produce enough weapons to wage war
Of course, but if Ukraine loses before Russia crumbles, it won't matter to Ukraine. No one knows how long it will take for Russia to crumble nor if it ever will. China, Iran, North Korea, and Turkey are all supporting it.
Erdogan recently said Russia should return Crimea, but is he willing to sanction Russia? Russia is running out of Yuan, but will China truly stop trading with Russia or will they just accept debt? It's a very complicated situation and if the West doesn't allow Ukraine to strike Russia with long range missiles nor provide enough weapons and ammunition to drive Russia back, Russia's economic woes don't matter. They don't matter if Russia wins the war.
Also Russia and Ukraine can both be defeated in the same peace deal
What kind of peace deal are you talking about?
Sticks to be them. Maybe they should revolt against Putin. I mean it might get them killed, but on the bright side at least they won't be starving.
Am i missing something? I read the article and it never mentioned the price of bread