According to Doctor of Economics, Professor Alexey Plotnikov, Ukraine cannot avoid an increase in the cost of food.
“It is impossible to accurately predict price increases yet. The fact is that such processes seriously depend on the dollar exchange rate. However, by the end of this year, a rise in price will occur. You can safely call the figure of forty percent «, — says Vsevolod Stepanyuk, an analyst.
Producers will have to increase the cost of their products, despite the possible tendency of consumers to abandon them. Another expert emphasizes that the cost of products clearly depends on the dollar exchange rate. In particular, the head of Ukrakhlebprom, Oleksandr Vasilchenko, notes that exchange rates affect many areas, if not even say everything. For example, he emphasizes that last year’s exchange rate jump led to an increase in the cost of flour, which now reaches the price of bread itself..
In addition, Stepanyuk emphasizes that one should not forget about speculators, who have a serious impact on the increase in the cost of products. Already today, a number of merchants and manufacturers are forming their products, calculating that a dollar is worth 35 hryvnia. In turn, this can lead to panic. “The point is that the suggestion is fulfilled that the currency can actually reach such a level,” Stepanyuk emphasizes..
