​In Russia, as Prices Soar, the Outlook for Its Economy Grows ‘Especially Gloomy’

“LONDON — After sanctions hobbled production at its assembly plant in Kaliningrad, the Russian automaker Avtotor announced a lottery for free 10-acre plots of land — and the chance to buy seed potatoes — so employees could grow their own food in the westernmost fringe of the Russian empire during ‘the difficult economic situation.’ In Moscow, shoppers complained that a kilogram of bananas had shot up to 100 rubles from 60, while in Irkutsk, an industrial city in Siberia, the price of tampons at a store doubled to $7. Banks have shortened receipts in response to a paper shortage. Clothing manufacturers said they were running out of buttons. ...”

Empty shelves in a supermarket in Moscow in March. Food prices have shot up, especially for items like imported fruit.

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