Come back

2 min

28 Sep. 2023

2740

Which products and services in Ukraine have risen in price the most due to inflation?

Cost of living
Popular
Finance
Ukraine

Share:

Which products and services in Ukraine have risen in price the most due to inflation?

According to the State Statistics Service, inflation reached 8.6% over the year, but not all goods have seen their prices rise. Find out more about which services have risen in price and by how much, and which, on the contrary, are currently cheaper

More interesting and useful news in our Telegram-channel
More interesting and useful news in our Telegram-channel
FOLLOW


According to the data published on the website of the State Statistics Service of Ukraine, in July 2023, inflation slowed to 11.3%, which is 1.5% lower than in June and 4% lower than in May. At the same time, according to the latest data from the State Statistics Service, the inflation rate reached 8.6% for the year. For comparison, in 2022, inflation in the consumer market was 26.6%.


How the situation has changed compared to 2022 and what products, goods, and services have seen prices rise over the past year, we will discuss further in the article.


Read more about how Ukrainian business is staying afloat in the face of war, according to Anton Taranenko, CEO of Visit Ukraine, here.


How much did prices rise in 2022?


According to official information on the website of the State Statistics Service of Ukraine, in 2022 (compared to December 2021), prices for goods and services increased by:


- 31.8% (cost and maintenance of motor vehicles);

- 26.6% (food and non-alcoholic beverages);

- 17.4% (alcoholic beverages and tobacco products);

- 16.1% (household goods, household appliances and housing maintenance);

- 14.1% (educational services);

- 10.9% (prices in the field of recreation and culture);

- 5.1% (cost of housing, water, electricity, gas and other fuels).


Inflation and prices in 2023


The slowdown in the inflation rate to 8.6% does not negate the rise in the cost of goods and services. Thus, in August (compared to prices in August 2022), prices increased for:


- restaurants and hotels (18.0%)

- tobacco products (17.4%);

- housing, water, electricity, gas, and other fuels (14.2%)

- health care (11.5%);

- education (9.8%);

- food and non-alcoholic beverages (8.4%);

- alcoholic beverages (7.4%);

- household appliances and household goods (7.0%);

- communications (5.2"%);

- transportation and its maintenance (4.2%);

- recreation and culture (3.7%).


At the same time, prices for clothing and footwear, on the contrary, decreased by 1.2%.




Visit Ukraine on social media: Telegram | YouTube | Instagram | Facebook | Twitter | TikTok




How did food prices rise?


According to the State Statistics Service, in January-August 2023 (compared to January-August 2022), prices rose the most for the following categories of goods


- eggs (80.4%);

- fruits (33.8%);

- fish and fish products (27.5%);

- meat and meat products (22.3%);

- vegetables (19.7%);

- sugar (18.6%);

- butter (17.4%);

- cheese and soft cheese (16.6%);

- bread (14.3%);

- milk (13.4%);

- pasta (12.4%).


The smallest price increase was recorded for sunflower oil (2.1%).


At the same time, if we compare prices in August 2023 with July prices, they fell in price:


- vegetables by 37.6%;

- fruits by 4.2%;

- clothing and footwear by 2.3%;

- butter by 0.9%;

- sunflower oil by 0.5%;

- cheese by 0.3%.


Sugar (by 2.0%) and meat and meat products (by 1.2%) went up in price.


We remind you! Ukraine's budget for 2024 will differ significantly from previous military budgets. Read what the fundamental difference is, how the changes will affect the citizens of Ukraine and what risks such public spending planning poses in our previous article.


Photo: Getty Images




You may be interested in:


Visit Ukraine Donation - make a good deed and an important contribution to the Victory of Ukraine;

Visit Ukraine Legal advice - comprehensive legal support on entry to Ukraine;

Visit Ukraine Tours - the largest online database of tours to Ukraine for every taste;

Visit Ukraine Merch - choose patriotic clothing and accessories with worldwide delivery;

Visit Ukraine News - get the latest news and updates in our Telegram channel;

Cooperation - cooperation and advertising integrations with Visit Ukraine and Visit World projects.




Recommended articles

2 min

Popular How much is the brand Ukraine worth: the impact of the war on the country's recognition and citation

How much is the brand Ukraine worth: the impact of the war on the country's recognition and citation

In recent years, Ukraine has become known around the world not only for its culture and history, but also for events that put it at the forefront of the global community. Find out how much the Ukraine brand is worth now and how current realities affect its popularity

26 Sep. 2023

More details

3 min

Way to Victory List of reforms for Ukraine from the US: what conditions need to be met?

List of reforms for Ukraine from the US: what conditions need to be met?

Ukraine has received an official letter from the White House on the reforms that need to be implemented for the country's speedy European integration. Find out what the letter says and how the Ukrainian authorities have responded to the new conditions

27 Sep. 2023

More details

2 min

Way to Victory Visit Ukraine launches a new project - Donate tours to Ukraine

Visit Ukraine launches a new project - Donate tours to Ukraine

At such a difficult time for our country, each of us is doing our best for the benefit of the state. We are proud to be able to do good and help tell the world about what is happening in Ukraine today. Visit Ukraine is pleased to announce the launch of a special project - Donation Tour to Ukraine. Here's what the project is and how to get involved

27 Sep. 2023

More details

2 min

War Ukraine received the first Abrams tanks: what is special about this equipment and why was it so much awaited?

Ukraine received the first Abrams tanks: what is special about this equipment and why was it so much awaited?

American Abrams tanks have finally arrived in Ukraine. They will soon start performing combat tasks at the front. Find out how many tanks Kiev received as part of the first tranche and whether the Abrams will be immediately thrown on the line of counteroffensive

27 Sep. 2023

More details