Why prices are rising in Ukraine: the Ministry of Economy named several pressing officials

In the spring of 2024, positive prices increased by 0.6% per month. In real terms (the end of 2024 is equal to the end of 2023), inflation accelerated to 7.5% from 5.4% a month earlier.

RBC-Ukraine reports this from reports on Monitoring the main th in the economy of Ukraine Ministry of Economy.

As indicated by the survey, the presence of summer deflation is hot and cold, and in the sickle period is due to the rise in the hour of many efforts inflation officials:

• the high pressure on the prices of generators of the recent increase in the cost of electricity, as well as the need to purchase or substitute alternative sources for supplying electricity (in line with the entire pressure on the side of all “energy “officials lasts in hours);
• days of work an excess of agricultural products on the market, filtered through collapsible weather drains;
• a significant shortage of personnel;
• a high level of insecurity and insignificance of food further interruption of combat operations.

Водночас за даними Мінекономіки антиінфляційний компенсаційний вплив чинили:

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a moratorium on raising tariffs for public utility services;

the monetary policy of the NBU, which is aimed at ensuring control over the situation in the foreign exchange market, as well as saving hard monetary minds (there was a shift in the non-food rinku, where prices decreased significantly);

deflationary trends in the light market fell (according to the data of the Light Bank, Brent naphtha fell in price by 5.2%), which, when the increase in excise taxes settled down prices on the bedroom

Guess what, the National Bank of Ukraine (NBU) predicts an increase in live prices in Ukraine until the end of 2024 to 8.5%. Inflation is expected to increase.

The Ministry of Economics has recently reduced the inflation forecast for 2024 to 7.9% from 9.7%.