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  • Russian Inflation Makes U.S. Price Rises Look Tame

    05/20/2022 12:31:49 PM PDT · by SpeedyInTexas · 48 replies
    WSJ ^ | 20-MAY-2022 | Paul Hannon
    Sanctions are hitting Russian families at the grocery store as food prices rise amid surging inflation, which is already running at double the rate of the West. Consumers are falling further behind as wages stagnate in a slowing economy. The situation is expected to get worse as inventories run down, sanctions take effect and buyers adopt strategies that could push inflation higher.