Ukraine: It is estimated that bread will become more expensive

Published 2021년 4월 28일

Tridge summary

The article highlights the potential for increased food prices, particularly bakery products, due to challenges such as sowing delays, high fuel prices, and increased production costs. These factors could lead to a 10-15% increase in bread prices. Despite these challenges, Ukraine is expected to harvest 75.1 million tons of grain, marking a 14.6% increase from the previous year and possibly surpassing the 2019 record. However, high fuel prices could offset this positive outcome. Inflation in Ukraine has also accelerated, largely due to increased prices in certain foods and fuel.

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

Original content

Delays in the sowing campaign, high fuel prices, as well as increased production costs have led to higher food prices, including bakery products. According to experts, an increase in the price of bread by 10-15% is not excluded. This was reported by DeloUa It will be recalled that according to the Ministry of Economy, in 2021 farmers can harvest grain at 75.1 million tons, which is 14.6% higher than last year and may exceed the record of 2019, when they managed to harvest 75 million tons. However, this year farmers may face high fuel prices due to a shortage of these resources, which may lead to additional costs, which may well affect the cost of bakery products. Analysts do not rule out a rise in price of bakery products by 5-10% in the fall of 2021. Read also: The expert predicted the cost of products before the Easter holidays According to Deputy Minister of Economy, Trade and Agriculture of Ukraine Taras Vysotsky, Ukrainian farmers statistically harvest three times more per ...

Source: Kurkul