All products may sharply increase in price due to Russia: how prices will change in Ukraine

Ukrainians may face a significant increase in food prices. The price tags in stores are affected by the Russian Federation's strikes on Ukraine's energy system. This was stated by Deputy Head of the All-Ukrainian Agrarian Council Denis Marchuk for "We-Ukraine." "If there is no electricity and there are no other alternatives, then, of course, generators are an additional financial burden. Similarly, in elevators, storing the harvested crop without sufficient light will lead to an increase in product prices. If the market price is lower, but the production cost is higher, then profits will decrease," explained the expert. He explained that powerful enterprises use generators of at least 100 kW, and the cost of their operation per hour is quite high. Thus, if there is no electricity for 10-12 hours, the prices of products may increase by 20-30%. In Ukraine, this ...