In the fall of 2023, almost all products will rise in price in Ukraine.
This was announced by the adviser to the director of the agro-industrial complex of the Lviv wholesale market of agricultural products "Shuvar" Ivan Stefanyshyn, reports "RBC-Ukraine".
According to him, the price of bread will increase.
"Flour has already increased in price by 5-7%. This year, farmers used less fertilizer and protection against pest damage. When winter wheat was sown, fertilizer prices rose sharply and, accordingly, farmers did not have financial reserves. Bread will increase in price in the near future, there is already competition for high-quality flour. It will continue to intensify," he explained.
Due to the lack of resources, the cost of meat and poultry will increase.
"The cost of meat will definitely increase, the price of pork and poultry has already increased by 10%. Pork – due to lack of resources. Ukraine has lost selection and breeding work, 16 breed lines in pig breeding and cattle breeding have been destroyed, and there is a noticeable complete dependence on imports," Stefanyshyn said.
The expert also predicts a rise in the price of dairy products.
"As for the oil, there are no visible reasons for the increase in cost, except for related factors, such as the cost of fuel and energy. The sugar problem will arise due to the global sugar shortage problem and the problem of India. In fact, we have a good harvest, the area has been increased, and the price will grow due to dependence on world prices and the same increase in exports," he said.
What will not rise in price
Ukrainian farmers harvested a good harvest of vegetables. Therefore, their prices are lower than last year. The price of eggplants, carrots, and onions has fallen.
"Especially eggplant, now it costs 20 hryvnias per kilogram, and last year at this time it was 59 hryvnias. Carrots and onions fell by half compared to last year. Carrots were 16 hryvnias per kilogram - this year 7-8, onions were 23 hryvnias - now 12. Little by little, seasonally, the price is rising, but in general, compared to last year, vegetables will be cheaper before the first frost," he added.
To recap, analysts of the investment company Dragon Capital have improved the forecast for Ukraine's gross domestic product (GDP), hryvnia exchange rate and inflation by the end of 2023. Thus, according to experts, GDP will reach 4.5%, the hryvnia exchange rate will not undergo significant changes, and inflation will slow down to 9%.