Russia’s inflation is so bad that people are stealing butter [Video]

A break-in at a small food store in the Russian city of Yekaterinburg wouldn’t usually make headlines around the world, but this time was different.

CCTV footage from the store, Dairy Place, in early November appears to show the door being smashed and one person rushing over to empty the cash register. The other person makes a beeline for the fridge, plundering 20 kilograms of butter from the chiller, Russian media reported.

The owner of the store said on Telegram that the heist showed butter was now like “gold,” according to a Google translation. CNBC could not independently verify the footage.

Dairy Place is not the only victim of butter thefts, with a recent spate of similar incidents prompting some stores to lock the product in containers. A standard 200g stick of butter now costs around 200 rubles, or …