Meat, bread, eggs, vegetables, fruits: Ukrainians warned about price increases from October 1.

The Ukrainian food market is facing significant price changes, causing concern among consumers and experts. According to the State Statistics Service, inflation in August reached 7.5% year-on-year, significantly exceeding July's figure of 5.4%. This is particularly noticeable in the food sector, where some goods are rising in price by more than 10%.

Bread and bakery products continue to become more expensive. Over the past month, bread prices have increased by 2.4%, and on a yearly basis - by 12.2%. This is due to the rising cost of flour. Vegetables and fruits have also risen significantly in price this year, particularly carrots. Milk prices have also increased due to raw material shortages and increased exports. In the meat market, prices for pork, chicken, and beef are also rising.

Experts predict further acceleration of inflation due to electricity supply problems, hryvnia devaluation, and rising wages. Ukrainians will have to face higher food prices in the near future.

Bread, Vegetable, and Milk Prices

The food market in Ukraine is experiencing significant price fluctuations, causing concern among consumers and experts. Prices for bread and bakery products have increased by 2.4% over the last month and by 12.2% year-on-year. Raw material shortages and increased exports have led to rising milk prices. There has also been a rise in vegetable and fruit prices, particularly for carrots. Meat prices have also increased, specifically for pork, chicken, and beef.

Inflation Forecasts

Experts predict further acceleration of inflation in the fall. This is due to electricity supply issues, hryvnia devaluation, and rising wages. Food prices will continue to rise, which could lead to a challenging situation for Ukrainian consumers.

Situation with Eggs

Separately, it is worth noting the rise in egg prices. Egg prices have increased by 7.1% over the past month due to the rising cost of poultry feed. Grain prices have risen by 50%, and crushed grain prices by 40% year-on-year.

Inflation Forecasts

Economist Danilo Monin predicts that by the end of the year, inflation could reach 10%. This is not only due to the food sector but also due to rising fuel and imported goods prices caused by the devaluation of the hryvnia.