Ukrainian bakers predict a significant increase in the price of bread in September

Published Sep 1, 2023

Tridge summary

The price of bread in Ukraine has been steadily increasing, with many bakers raising prices by up to 20% in August. This is due to various factors, including rising costs for producers, including the increased price of wheat and higher costs for transportation and electricity. Additionally, power outages are affecting the conditions for production and storage, leading to a significant amount of bread being returned unsold.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bread in Ukraine continues to rise in price - in August alone, many bakers raised the prices of their products to UAH 5 per loaf. Moreover, bread factories warn that the price tags will change again in September. Agroreview writes about it. Data from the State Statistics Service show that the main product increased in price throughout last year. If we talk about the price in July, then compared to June, it increased by only 0.3%, but if we talk about the same period in 2022, then by 9.7%. In 7 months of this year, the price of bread has increased by 15%. The situation worsened sharply in August - many producers added 10-15% to the price, and some - 20% at once, while the price increase affected craft products the most (the cost of a loaf reaches UAH 100). Follow the news in a convenient format: Follow us on Twitter It is worth reminding that the Cabinet of Ministers has established price limits for socially significant products, including bread. However, this applies to only one ...
Source: Landlord

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