Russia: Butter prices at record highs and stores are in short supply

Butter prices in Russia have skyrocketed, and there is a shortage of it in stores. Some stores are wrapping butter cubes in plastic anti-theft boxes, similar to expensive perfumes. This fall, the country is struggling with the biggest crisis on the butter market in 17 years - reports the Onet.pl portal, citing reports from Russian media. Butter prices have skyrocketed According to the Russian statistical office Rosstat, butter prices began to rise in the fall - in September they jumped by 5.07 percent, and in October by 6.58 percent. The October price jump broke the record from October 2007, when butter rose by 12.7 percent in a month. According to official data, this year butter has already risen by 25.7 percent, but according to spb.kp.ru the price of butter has increased by as much as 70 percent. Dairies suspend production Russian dairies have drastically reduced production and in some cases even suspended butter deliveries to the market due to shortages of milk and raw ...