-
Villa sign Senegal winger Mbaye from PSG
-
Pakistan selector and ex-captain Misbah resigns after coach sacked
-
Former Peru minister last-minute contender for UN labour agency helm
-
Shein flattens on Hong Kong debut facing global headwinds
-
Messi legacy will 'live forever', says Beckham
-
Eurozone inflation hits three-year high at 3.3% in August
-
'Literally tasting the smoke': Malaysians suffer as haze worsens
-
Man City chase Fernandez, Arsenal eye Alvarez on deadline day
-
Kyiv's defences, 'hybrid' threat from Moscow headline EU talks
-
El Nino hammering Peru anchovy fishing: industry officials
-
Oil extends gains, stocks mostly down as Trump issues fresh Iran warning
-
Mass Russian barrage kills 12 in Kyiv
-
ThinkMarkets Expands Weekend Trading Offering, Launches Weekend League Competition
-
PineX Capital Launches MetaTrader 5 as Prop Firm Expands Trading Platform Offering
-
Tibet activists accuse China of downplaying floods
-
Women survivors face sanitation woes in Nepal relief camp
-
Afghanistan war victims left 'without justice', UN says
-
Oil extends gains, stocks mixed as Trump issues fresh Iran warning
-
Iran president offers US olive branch before Putin meeting
-
Thai resort readies for US carrier's 5,000 sailors
-
China-Nepal flood toll tops 1,000 as tunnel rescue offers last hope
-
AI startup Manus says resumes independent operations
-
Japan to relax overtime regulation under workaholic PM
-
'Massive' Russian missile, drone attack on Kyiv kills 8
-
Thwarted Niger mutiny exposes junta's Russia dependence
-
Defence tech hub Munich booms as Europe rearms
-
Illegal mining ravages S.Africa's economic hub
-
Nigeria rethinks criminalisation of suicide
-
Nepal's wall of missing offers last hope after Himalayan flood
-
Osaka channels NBA icon Iverson to reach US Open second round
-
US to press G20 on light-touch AI regulation
-
Fast-fashion giant Shein plunges 10% on Hong Kong debut
-
2 die in Grand Canyon flash flood, only 1 person unaccounted for
-
South Korea hire former Spain boss Moreno as interim coach
-
US Army Secretary Driscoll submits resignation: White House
-
China-Taiwan friction clouds Pacific summit
-
Oil extends gains, stocks drop as Trump issues fresh Iran warning
-
Two dead after stabbing in New York's Times Square
-
Tsitsipas says Kyrgios's positive cocaine test 'kind of expected'
-
Anthropic signs $35B computing deal with startup backed by Nvidia
-
In Japan's mountains, a different way to manage bears
-
Drones in Ithaca: Azov's Odyssey turns Ukraine war into modern myth
-
Middle East war a boon for UAE defence giant with global ambitions
-
Boat builders keep Pakistan's fishing heritage afloat
-
Former gang member found guilty of murdering Tupac Shakur
-
Australia axe Labuschagne for Zimbabwe, South Africa ODI series
-
FireFox Gold Drills Downdip Extension of East Zone, including 1.0m at 124 g/t Au at the Mustajärvi Project in Lapland, Finland
-
iTmethods and Summit58 Partner to Bring Governance to Agentic Business Processes in The FINOS Open Source Project Fluxnova
-
Pivotree Announces Normal Course Issuer Bid For Common Shares
-
BioLargo, Inc. to Present at the Inaugural Nasdaq / LD Micro Summit on September 9, 2026
Russians struggle with 'crazy' prices
Russian pensioner Roman Paltievich stared at the prices for apricots, tomatoes and watermelons stacked high on stalls at a Moscow market -- foods that he now struggles to fit into his budget.
"The prices are crazy," lamented the 84-year-old, who said he can no longer afford cherries -- or even potatoes, a staple that is now three times more expensive than a year ago.
Russia's three-year-long military offensive on Ukraine has caused inflation to surge at home, a thorn in the side for the Kremlin, which strives to shield Russians from the fallout of its campaign.
Western sanctions have disrupted supply chains and dozens of consumer brands have left the country, while inflation is now running above 10 percent.
Meanwhile, deep labour shortages caused by massive recruitment by the army and arms manufacturers, have seen both salaries and prices jump higher.
Russia's Central Bank last week cut interest rates from a two-decade high, saying inflation -- including food prices -- was starting to come under control.
But for many hard-pressed Russians, it does not feel that way.
Paltievich's wife, Tatyana, stood next to him clutching a small punnet of strawberries -- a precious treat for her grandchildren that set her back 400 rubles ($5).
"We survived 1991, so now we're not afraid of anything," she said defiantly, in reference to the collapse of the Soviet Union and the economic chaos that followed.
- Filling up the fridge -
Many of those navigating the aisles at Moscow's Preobrazhensky market were also worried about high prices.
"I came here to buy chicken for my granddaughter. It's more expensive in the supermarkets, so I don't buy there anymore," Nikolai Kucherov, a 62-year-old freelance artist told AFP.
"I had to forget about travelling. For the past three or four years, I've only been thinking about filling up the fridge," he said.
The Kremlin has hailed Russia's economic performance since it ordered its troops into Ukraine in February 2022.
A huge surge in spending on the military has helped Moscow defy predictions that sanctions would collapse the Russian economy.
Engineer Konstantin Zelenkov, 38, is one of those who have benefited from rising wages amid the government spending boom.
"Some things are becoming more expensive but salaries are rising too, so it's staying roughly the same," he told AFP.
Central bank chief Elvira Nabiullina has also pointed to rising wages and on Friday said inflation was starting to moderate, though it remains well above the institution's four percent target.
"The high interest rate has led to a significant slowdown in inflation," she told reporters.
Overall "the rate of increase in food prices has slowed", she added.
But even Russian President Vladimir Putin was forced recently to address fears over a potato shortage that sent prices for the staple soaring.
For many across Russia, price rises feel never-ending.
"Starting even with bread, everything is getting more and more expensive," Irina Yakovleva, 68, said.
"We just have to limit ourselves," she added.
R.Chavez--AT