What products will rise in price in winter: an expert makes a forecast (video)
19 December 2024 21:40
Food prices in Ukraine will rise significantly by the end of winter. Such a forecast was made by Denys Marchuk, Deputy Chairman of the All-Ukrainian Agrarian Council, on Day.LIVE, "Komersant Ukrainian" reports
According to him, the whole of 2024 is characterized by rising food prices. This is a concern for Ukrainians, given that their ability to pay is not growing. Due to a number of factors, the price increase was quite strong.
“Unfortunately, the forecasts for the winter of 2025 do not foresee a decline in food prices. There are several explanations for this,” Marchuk said.
Speaking of vegetables, weather conditions play a role here. For example, due to the hot summer, farmers lost a large amount of vegetables that they had to store. In some southern regions, they lost up to 30% of their crops. This is a very large percentage, given that Ukraine has now lost the temporarily occupied territories of Zaporizhzhia and Kherson regions.
According to Denys Marchuk, inflation is also a very important factor. While at the beginning of the year the figure was 9%, by the end of the year economists are already talking about 11%.
“Therefore, in the winter months, as well as in March, food prices may rise by 10-15%, depending on the category. These are primarily meat, milk, and fruit. In the latter case, the price will also depend on the hryvnia/dollar exchange rate, as most of the fruit on the shelves of Ukrainian stores is imported,” summarized the deputy head of the All-Ukrainian Agrarian Council.
It is worth noting that in recent months, electricity, vegetables and butter have risen in price the most in Ukraine.
In the consumer market, prices for food and non-alcoholic beverages rose by 3.9% in November. Eggs rose the most (by 54.6%). Prices for vegetables, milk and dairy products, butter, sunflower oil, processed cereals, bread, soft drinks, pasta, fish, and fish products increased by 13.7-1.5%. At the same time, prices for fruit and sugar decreased by 1.5% and 1.3%, respectively.
Prices for alcoholic beverages and tobacco products increased by 1.3%, driven by a 2.0% rise in tobacco prices.
Clothing and footwear fell by 2.2%, in particular, footwear by 2.7% and clothing by 1.7%.
The 0.6% rise in healthcare prices was primarily due to a 1.0% increase in prices for outpatient services.
The lowest growth was recorded in the telecommunications sector, up 4.7%.
