Russia is raising the cost of sweets in the country by 50% as the economy continues to flatline, according to a Ukrainian economist. Kyrylo Shevchenko says that the price increase is not due to the ongoing war in Ukraine or western sanctions but is actually part of a wider move to combat “fake sweets”.
He blamed the increase on “the real recipe: one part bureaucracy, two parts dysfunction. All while industrial growth flatlines and the focus shifts to a growing war economy.”
Express.co.uk was unable to independently verify the increase but if true, it would be in line with a host of other products that have increased since Putin’s invasion of Ukraine. Over the last year in Russia, the cost of milk and apples have gone up by approximately 20%, cucumbers by 22%, beetroot by 32%, butter by 35%, cabbages by 42%, onions by 46% and potatoes by a whopping 90%.
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