Bread prices in Ukraine are set to rise: it has become clear why and by how much
The increase in bread prices in Ukraine is attributed to rising fuel costs, instability in energy sources, and the higher cost of raw materials.
This was reported by Deputy Head of the All-Ukrainian Agrarian Council Denis Marchuk in a comment to UNIAN.
According to him, the war has impacted prices as a lack of workforce necessitated investment in equipment to replace human labor, leading to additional costs for both producers and processors, including higher loan costs, increased electricity prices, and power outages.
"An important, though not the primary factor influencing product prices is the cost of raw materials. For instance, flour prices are not the main determinant of bread pricing. The cost of this raw material accounts for no more than 30% of the final product price. In 2025, bread prices may rise by 1.5-2% monthly, and overall, it could increase by more than 20% within a year," - explained the expert.
It was previously reported that actual consumer inflation exceeded the forecast of the National Bank of Ukraine in December 2024, and prices are expected to continue rising in the coming months.
At the same time, the NBU anticipates that inflation will return to a trajectory of sustainable decline in the second half of 2025.
According to State Statistics, consumer inflation in Ukraine rose by 12.0% by the end of 2024, with inflation in December reaching 1.4%.