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Russians scrimp on food as prices skyrocket

By Moscow correspondent Scott Bevan

Posted June 21, 2008 09:48:00

Nearly half of the Russian population is scrimping on food because of radically rising prices, according to a new survey.

In May alone, the inflation rate for food in Russia grew by more than 2 per cent and since the start of the year, food prices have jumped by 11.6 per cent.

That is almost four times the rate of European Union countries for the same period and it seems those hikes are having an effect on people's diets.

A new survey by a research company called VTSIOM indicates that 45 per cent of respondents say they have had to cut back on what they eat.

One social worker has told Russian media that for some people, it has got to the point where they have to choose between buying bread or milk.

Tags: business-economics-and-finance, economic-trends, lifestyle-and-leisure, food-and-cooking, russian-federation

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