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Ukraine: By August, the price of oil could reach 75 UAH

Ukraine
Published Jan 27, 2022

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According to scientists, by August 2022 the price of oil may increase by 20% - up to 75 UAH / liter. This was stated by the head of the department of pricing and agricultural market NSC "Institute of Agrarian Economics", Ph.D. Inna Salo. "The fall in world oil production has led to a sharp rise in world prices for oil and meal, which is reflected in the domestic food market of Ukraine. At the beginning of January 2022, the oil cost an average of UAH 61.43 per liter.

Original content

In the future, a gradual seasonal increase in the selling price of sunflower seeds is expected, which will be reflected in the increase in the price of sunflower oil, "the expert explained. According to her, the cost of the product was also affected by the government's increase in electricity tariffs (+ 36.6%), water supply (+ 10.9%), sewerage (+ 17.3%), rising energy prices, rent and utilities in general, the level of wages, transportation costs, in particular, gasoline A-95 (+22%), etc. It will be recalled that the Cabinet of Ministers has expanded the list of food products that fall under state price regulation, including producers of bread, flour, dairy products, sunflower oil, eggs and chicken. However, manufacturers are asking to cancel the regulation on price regulation. Read also: Farmers were told how to get gas at a reduced price in ...
Source: Kurkul
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