Prices of everyday goods are soaring in Russia as international sanctions continue to drive down the value of the ruble.

Russia's statistics agency says inflation was 9.15 percent higher in February than the same month last year. This is reportedly the biggest jump in about seven years.

It's led to soaring prices for a wide range of goods, including an 11.46 percent spike in food costs.

"It's a critical situation," said a man in Vladivostok. "I want to buy bread but they're out of stock. Milk used to be 90 rubles, but now it's 120."

Prices of Russian-made passenger cars rose 17 percent during the seven-day period through March 4. TVs were up 14.9 percent.

Inflation rates in Russia are expected to climb even higher, as foreign companies continue to close operations in the country.