July 17, 2008

Russia worries about its high inflation

Larissa Vasilyeva wound her way through a bustling outdoor food market in a working-class neighborhood in southwest Moscow, tallying in her head the rubles and kopecks she had left to spend for the week and wondering how much more food she should buy. A year ago, Vasilyeva said, she spent about 1,500 rubles a week on groceries, some $59 at the time. Now, she spends 2,000 to 2,500, about $107 at the high end.

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