Food Prices Will Rise in December: Expert Named Reasons.

Why Food Prices Will Rise in December

According to inkorr.com: Ukrainians have been warned about a rise in food prices in December this year. Renowned expert Oleg Pendzin noted that there will be a significant increase in prices due to growing demand for food before Christmas.

December is a time for Ukrainians to prepare for Christmas. Prices traditionally rise before the holidays. The main reason for the price increase in December will be not so much the cost of storage, but the increased demand for food before the holiday - he explained.

The expert also emphasized that the costs of electricity for storing products in November will also reflect on prices, raising the cost of food by approximately 1.5%.

Thus, preparation for Christmas will lead to an increase in food prices in December due to the activation of demand and the costs of their storage.

This price dynamics for food during the holidays is typical for the Ukrainian market, as holidays are always accompanied by increased demand for food. Consumers should be prepared for changes in product prices and plan their expenses accordingly.