Bread prices in Ukraine may increase by 20%
Ukrainians should prepare for a possible increase in bread prices, which could reach 20% by the end of 2025.
The main reason for the price increase is the increase in the cost of fuel and energy resources needed to operate bread factories. Despite the sufficient amount of wheat and production capacity, the rise in electricity and gasoline prices causes significant fluctuations throughout the bread production chain.
“The hryvnia exchange rate against the euro remains stable, which reduces import risks. But it is worth noting that the threat of Russian missile attacks on production facilities could lead to local disruptions in bread production,” Us noted.
Oleksandr Taranenko, head of the All-Ukrainian Association of Bakers, added that the price increase concerns not only energy costs, but also logistics costs, as well as an increase in salaries for bakery workers. He said that the cost of a kilogram of bread is currently about 40 hryvnias, but supermarkets can increase the price by 30% due to their mark-up.
So, the real price of a loaf of bread may increase to 55 hryvnias. At the same time, the cost may vary depending on the region due to logistical difficulties and the consequences of hostilities.
Analysts do not expect significant jumps in food prices in the near future, but the overall economic situation remains unstable. Therefore, consumers should prepare for an increase in food prices in 2025.
We remind you that Ukrainians will also be eligible to receive financial assistance for treatment, amounting to approximately 11,000 hryvnias. Earlier, we also reported on a possible increase in gas prices for the population in the fall and winter.
