Russia's currency and inflation woes are well captured by something economists don't usually focus on: sushi.
Local prices of the Japanese delicacy are surging due to the ruble's plunge and Russia's rift with the West, a report said.
The Russian currency hit a 16-month low last week, as the country's current account reels from the impact of Western sanctions.
Russia's exchange-rate turmoil and spiraling inflation are now being captured in something that rarely crosses economists' radar: the price of sushi.
Restaurateurs in the Eurasian nation are already grappling with surging prices of sushi ingredients, according to the report.
Persons:
Steve Hanke, Maxim Tagin, Ilya Zakharov, cy, Vladimir Putin, Putin
Organizations:
West, Service, Russia, Metro, Financial Times
Locations:
Wall, Silicon, Ukraine, Restaurateurs, Odintsovo, Sochi, Russian, Russia