Prices in stores jumped by 18% in July
11:44
Prices in stores soared on average 18% in July compared to last year, the latest "Price index in retail stores" showed. The increases were recorded in all 12 analyzed product categories.
Prices jumped the most for margarine (54.3%), oil (50.5%), and butter (46.3%). A significant increase in the prices of fat products was already observed in Ukraine before the war, which has further accelerated the growth. The prices of dogs’ and cats’ food rose 51.6% and 29.3 percent driven by rising costs of meat, grains, fat products, logistics, and energy.
The price of bread increased by 29.1% and meat prices rose 24.5%. The price of vegetables increased the least in July: on average by 7.7% per year. For some vegetables the price even went down, for example, potatoes cost 1.2% less than a year ago.
