Prague. Archival photoMOSCOW, 21 May. The conflict in Ukraine has accelerated inflation in Europe and the world, causing prices for energy, materials and food to rise at a rate not seen in decades, writes ABC News. The main cause of inflation in Europe, as noted in the publication, was the rapid rise in oil and gas prices. The article notes. So, shop workers from Warsaw to Istanbul say that people are cutting costs: they are trying to save on purchases, refusing such trifles as freshly cut flowers, and things that can be postponed, such as new clothes, the publication says. “I have to tighten my belt. I buy fruits and vegetables so that my children have everything, but I don’t touch them myself,” complained ABC News Eva Fuksova, a mother of three living in the town of Mesto-Touškov in the western Czech Republic.WP spoke about the West's fear of imposing new sanctions on Russia Bayram Koza, a butcher from the Turkish capital, told the publication about a 20 percent drop in sales after prices doubled. According to him, this makes animal husbandry unprofitable, and many farmers are selling their farm and moving to the city. Even in (wealthy) Çankaya people are no longer buying what they used to be able to easily afford. Those who used to take two kilos of ground beef now buy a kilo maximum,» he said.
«Let's all pay»: in the USA they told how sanctions against Russia will turn times. After the start of a special military operation to denazify and demilitarize Ukraine, the West stepped up sanctions pressure on Russia. The restrictive measures mainly affected the banking sector and the high-tech sector. Calls to abandon Russian energy sources have become louder. However, the disruption of supply chains has driven up fuel and food prices in Europe and the US. In the UK, tariff hikes hit millions of households, with inflation hitting 6.2 percent in February, a 30-year high. attempts to bring the Russian economy to its knees
