Prices for dairy products in Ukraine: Are we expecting an increase?

Published 2022년 8월 9일

Tridge summary

The average price of 2.5% fat milk increased by 1.1% from July and 9.2% from the previous year, reaching UAH 36.7 as of August 1. The price of oil also rose by 20 kopecks to UAH 344.1/kg. Cheddar cheese prices remained the same as July, likely due to earlier importation at lower rates. The consumer price index for milk, cheese, and butter in June was 108.7%, 112.5%, and 115.6% respectively. The Association of Milk Producers anticipates further retail price increases by August due to seasonal raw material reduction.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

So, the average price of 2.5% fat milk as of August 1 was UAH 36.7, which is 40 kopecks higher. or 1.1% higher than the July price. But compared to last year, the increase was 9.2%. The price of oil increased by 20 kopecks. for a month - up to UAH 344.1/kg, and for a year - by 20.2%. Meanwhile, Cheddar cheese has not changed its prices compared to July. Most likely due to the fact that it was imported earlier at the old rate. According to the State Statistics Service, the consumer price index for milk in June was 108.7%, for cheese - 112.5%, and for butter - 115.6%. However, it is worth expecting that by the middle, or at the very least, by the end of August, the market will adjust to the new operating ...

Source: MilkUA