VOICED: Searing heat leads to soaring food prices in Russia

The video discusses the significant rise in food prices in Russia, highlighting that staples like potatoes, cereals, and meat have become more expensive. Consumers are adapting by changing their shopping habits, such as buying less and comparing prices. The main cause of inflation is attributed to the disastrous summer of 2010, which saw fires and droughts leading to a 30% crop loss. This resulted in price hikes for agricultural products globally and domestically. Experts predict an annual inflation rate of 8-10%, which could impact society, especially with upcoming elections.

What has been the impact on consumers due to the rising cost of basic food items in Russia?

• They are buying more luxury items.

• They are purchasing less and comparing prices.

• They are unaffected by the price changes.

• They are shopping more frequently.

What was the percentage increase in the cost of essential goods in January according to official figures?

• 3%

• 5.5%

• 7%

• 10%

What natural disasters contributed to the inflation in Russia during the summer of 2010?

• Volcanic eruptions and landslides

• Hurricanes and tornadoes

• Fires and droughts

• Floods and earthquakes

Since when have there been waves of food price increases in Russia?

• Since January 2010

• Since August 2010

• Since December 2010

• Since March 2011

What is the expected annual inflation rate in Russia as mentioned in the transcript?

• 14-16%

• 11-13%

• 8-10%

• 5-7%