The devaluation of the ruble led to a rise in prices up to 40%

MY PROTEST
Nov 11, 2020

In response to yet another devaluation of the ruble in October, President Vladimir Putin announced that the exchange rate of the national currency was unimportant, and his subordinates in the government called the 25% devaluation “delightful” and useful for industry.

The opinion poll showed that propaganda convinced Russians with low incomes that they stopped worrying about the ruble exchange rate. But prices do not “listen” to the authorities’ propaganda statements.

In October, Rosstat recorded a record year-long rise in price tags in all categories.

The Russian authorities are creating an alternative reality in which the ruble exchange rate is not important. But it is enough to distract from the TV and go to the store to return to the real world.

The rise in prices for 10 months amounted to 3,84%. At the same time, if you look at individual categories, inflation will become double-digit: granulated sugar, for example, has risen in price by 39,8% (in October by 20,2%), cereals — by 22%, vegetables and fruits — by 9%, pasta — by 9,3%, sunflower oil — by 14,5%.

Originally published at https://myprotest.org on November 11, 2020.

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