Vegetables, butter and bread will soon rise in price in Ukraine – expert

12 January 2023, 12:50 | Economy 
фото с Зеркало недели

At the beginning of this year, prices will rise, primarily for vegetables. This is due to the seasonal factor, as well as the full-scale war of the Russian Federation against Ukraine. Since blackouts increase the cost of production and trade. In addition, part of the southern territories of the country is under occupation..

As Oleg Pendzin, executive director of the Economic Discussion Club, said in a commentary to Channel 24, a large increase in oil prices should be expected.. Last year, they rose in price by only 12%, which is very little against the background of a general increase in food prices.. In addition, Ukrainians should prepare for a rise in the price of bread products..

“Most likely we will see an increase in the price of bread products. And this is connected, among other things, with blackouts, because, let's be honest, not a single producer and processor of agricultural goods, not a single retailer that uses generators in their work will pay for it out of their own pocket,"

According to the economist's forecasts, headline inflation could rise by about 2.5-3%. This will happen due to blackouts. And this will lead to an overall increase in prices.. Expert predicts prices could soar by 5% in 2023.

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The price of onions in Ukraine increased after the New Year holidays. Analysts stressed that market participants explain this price trend by increased demand for onions from wholesale companies and retail chains.. At the same time, most Ukrainian producers prefer to store high-quality onions in storage facilities in anticipation of even greater price increases..

Источник: Зеркало недели