NBU warned of a sharp rise in dairy products, eggs, and oil after New Year.

The National Bank of Ukraine warns of a significant increase in food prices at the beginning of 2025. According to the regulator's forecasts, the inflation rate may exceed 11%.

According to the National Bank, there is already a significant rise in the prices of basic food products. The most significant increase is observed in the prices of eggs - by 18.1%, and vegetables - by 18.2%. There is also a noticeable rise in the prices of oil, fruits, and dairy products - from 1.3% to 6.9%.

The regulator notes that there is a rise in the cost of grain processing products, beef, non-alcoholic beverages, bread, lard, fish, and fish products.

According to the national bank's forecasts, the highest price increase is expected in winter, but a slowdown in inflation is anticipated by spring 2025. The main factors for the price increase are poorer agricultural harvests, rising raw material costs for the food industry, and increased production costs, including electricity and labor costs.

We remind you that popular vegetables continue to rise in price: how the prices of cabbage, cucumbers, and tomatoes have changed.