CNN —
Americans have spent the last few years complaining about inflation. But price rises in Russia are eye-watering by comparison – and just one symptom of an economy that is overheating.
Butter, some meats, and onions are about 25% more expensive than a year ago, according to official data. Some supermarkets have taken to keeping butter in locked cabinets: Russian social media has shown stocks being stolen.
The overall inflation rate is just shy of 10%, much higher than the central bank anticipated.
Inflation is being driven by the rapid rise
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