Products in Ukraine may increase in price by 30%: expert named the reason.
According to inkorr.com: Denys Marchuk, Deputy Head of the All-Ukrainian Agricultural Council, urged Ukrainians to be prepared for a possible increase in food prices due to difficulties in the energy sector. Experts warn that in winter the cost of food, especially dairy products, meat, eggs, and baked goods, may rise.
If electricity supply issues arise, prices for products may increase by 10-30%.
Previously, power outages had already led to increased production costs, and therefore to higher prices for products that require electricity for production or storage, including milk, meat, eggs, and bread.
The impact of outages on prices and consumers
Experts note that the frequency and duration of power outages will significantly influence the price increase of products. The increase may reach 7% with rare and short outages and up to 30% with frequent and prolonged outages. In addition, vegetables, fruits, grains, and other products that depend on electricity may also rise in price.
In this regard, it is worth being prepared for possible changes in food prices. A lack of electricity may affect production and drive up prices, which, in turn, will impact the budgets of Ukrainian families.
Thus, Ukrainians have received a signal about the possible rise in food prices due to problems in the energy sector. According to forecasts, food prices may increase due to possible power outages in winter, especially for dairy products, meat, eggs, and baked goods. The extent of the price increase will depend on the frequency and duration of outages and may also affect other categories of goods that require electricity in the production or storage processes. Therefore, it is important to consider these possibilities when planning future expenses.
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