In Ukraine, an increase in prices for bread, dairy products, and pasta is expected in the near future - meanwhile, egg prices will remain stable.
This is reported by the publication "Minfin", citing analysts' forecasts.
According to a recent inflation report from the National Bank of Ukraine, consumer inflation in the first quarter of 2025 will remain high, reaching 11.4% year-on-year.
Vegetables and fruits may rise in price by 10-15%
Oleg Penzin, head of the Economic Discussion Club, predicts that prices for vegetables and fruits may increase by 10-15% in winter.
Bread prices will rise by 5%
Yuri Duchenko, the first vice president of the All-Ukrainian Bakers' Association, reported that in the first quarter of 2025, the price of bread will increase by approximately 5%. He noted that more accurate forecasts depend on changes in the components of production costs.
He previously mentioned that the rise in bread prices is due to increased costs for flour, packaging (+10%), logistics (+8%), gas (+11%), and electricity (+20%). By the end of the year, bread prices had already risen by 11%.
Dairy products will increase by 5-10% by March 2025
According to the Dairy Producers Association, the purchase price of extra-class milk raw materials increased to 19.7 hryvnias per kilogram (excluding VAT) in December. The price for high-grade raw materials rose to 18.7 hryvnias, while first-grade raw materials reached 17.65 hryvnias.
The head of the association, Georgiy Kukhaleyshvili, notes that the demand for milk exceeds supply, although the rate of price growth is slowing. One of the reasons is the decrease in butter exports due to its lower prices in Europe.
Pasta prices will increase by 2% monthly
Alexander Borsuk, head of the "Yaroslav" concern, predicts a steady rise in pasta prices. The main reason is the 1.5-fold increase in grain prices, which has led to an increase in flour prices from 10 to 15 hryvnias per kilogram. Borsuk notes that pasta prices will rise by 2% each month.