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19 Apr. 2024

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Significant price increase: how much will the Easter basket cost this year?

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Significant price increase: how much will the Easter basket cost this year?

This year, the cost of the Easter basket has increased significantly compared to last year. According to the latest data, prices for basic products have jumped by 17.6%. Find out in more detail how much money you need to allocate to put together a traditional Easter basket

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In 2024, the cost of the Easter basket increased by 17.6% compared to last year and amounted to 1422 UAH. This was reported by the Institute of Agrarian Economics.


According to scientists, traditional products for Easter, such as Easter cake, eggs, homemade sausage, pork, lard, butter, soft and hard cheese, horseradish and salt, cost a family with four members about 1422.05 UAH. This is 17.6% more expensive than in the previous year, when the same set of products cost UAH 1208.78.

An irreplaceable symbol of Easter. Read more about the uniqueness of Ukrainian Easter eggs here.


What is the cost of food for Easter 2024?


The price for the main component of the Easter basket - homemade Easter cake according to a traditional recipe - will be UAH 179.8 per 1 kg, which is 5.8% higher than in 2023 (UAH 169.88).


According to the IEA, meat products remain the most expensive component of the Easter basket. Compared to last year, prices for home-made sausage are UAH 380-420 per kilogram (+14.3%), pork - UAH 500-540 per kilogram (+14.2%), and lard - UAH 210-280 per kilogram (+3.1%).


Compared to 2023, the price of hard cheese increased by 31.9% (450-550 UAH per kilogram), soft cheese by 23.0% (37-45 UAH per 200 g pack), and butter by 16.4% (73.2-80.5 UAH per 200 g pack).


The price for 250 grams of horseradish will be 26 UAH (25-29 UAH), depending on the manufacturer and flavor, and the cost of salt (100-150 grams) is symbolic - 3 UAH. If you add other ingredients to the Easter basket, such as tomatoes, cucumbers, apples, red wine (kahors), its cost will increase to UAH 1652.05.


The cost of the Easter basket was calculated by scientists of the National Research Center "Institute of Agrarian Economics" based on data from the Ministry of Finance, which monitors prices for basic food products in Auchan, Fozzy, Furshet, Megamarket, Metro, Novus, Varus grocery stores on a daily basis as of April 10, 2024.




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What is the reason for the rise in prices?


Yuriy Lupenko, Director of the National Research Center "Institute of Agrarian Economics," emphasizes that the increase in the cost of the Easter basket is clearly due to the consequences of the hostilities - serious material and financial losses in the country's economy and in Ukrainian families, a decrease in production, higher energy prices, difficulties in domestic transportation of products, and even uncertainty of many people in their plans for the future.


He also adds that this is especially noticeable in the armed conflict zones, temporarily occupied territories, and among a large number of displaced persons.


Thus, most Ukrainians will be forced to save on the traditional set of products.


We remind you! 
For many Ukrainians, Easter is an extremely important holiday. Its traditions are passed down from generation to generation and are especially revered. Read more about the customs of Ukraine that make the celebration of this date unique in our previous article.


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




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