Experts say that the increase in food prices in Ukraine will accelerate in the fall. The publication “Country Politics” writes about this.
The article states that if prices of some food products do not increase in the spring, flour and bread prices begin to rise in June and this trend will continue.
According to the head of the Ukrainian Association of Farmers and Private Landowners Ivan Tomich, prices for dairy products and meat will start to rise sharply in the fall. The expert believes that prices for these and other food products may increase by 7-30%.
According to the publication, the expected inflation is due to widespread power outages. Many Ukrainian factories already operate on generators, so their losses are increasing, which will soon affect the cost of food. The weakening of the hryvnia will also affect the price increase.
The cost of renting premises equipped with generators in the Capital Market has increased by 30 thousand hryvnia per month, Yunus Zainitdinov, the owner of the Italmarket chain of stores, told the publication.
Formerly, the head of the Ukrainian Union of Consumers of Public Services, Oleg Popenko statedAuthorities in the country are reportedly planning to increase gas and heating tariffs in the autumn.
Previously in Ukraine bored interruption programs.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.