Thursday February 20, 2020

Sushi bubble pops for Moscow middle class as rouble drops

Moscow's sushi bubble is deflating, hastened by the plunge in the rouble and the trade war triggered by Putin’s intervention in Ukraine.

25th September, 2014
Moscow has 949 restaurants serving Japanese cuisine

Vladimir Putin's first decade in power came to be known in Moscow as the “sushi years”, so totally had raw fish become a dining staple for the rising consumer class in his capital.

The sushi bubble is deflating now, hastened by the plunge in the rouble and the trade war triggered by Putin’s intervention in Ukraine that has foodies complaining about substitutes from as far away as Chile.

“The black swan...

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