Russia reports sharp drop in food prices

Official Russian statistics show a significant decline in the cost of essential food items, with overall prices down 9% since March 2025. Specific staples such as rice, beets, and potatoes have seen price drops of nearly 30%. The data, reported by the state news agency TASS, suggests a notable easing of food inflation for Russian consumers. This trend contrasts with the broader economic pressures and sanctions the country faces.