“Breadbasket” in Ukraine has risen over the year by 26%

"Хлебная корзина" в Украине подорожала за год на 26%

The cost of the bread basket in Ukraine for the year increased by 26%, said General Director of Ukrainian Association of trade networks suppliers Oleksiy Doroshenko.

The social network Facebook, he said that these figures are provided by the Association and the state statistics service of Ukraine reported about the growth of prices on bread basket by 21%. “The cost of our baskets on March 1, 2018 amounted to 61.4 hryvnia ($2.26 and the Bank rate), while on 1 March 2019, it was worth 77.1 hryvnia ($2,84)”, – he said

The bread basket was composed of 1 kg of wheat bread from flour of higher and first grade, 1 kg of rye bread and 0.5 kg loaf. Inflation for the year amounted to 8.8%, said Doroshenko. That is, it has risen three times faster in the average price level in Ukraine.

Given the fact that the cheap bread from first grade wheat flour rose in price by 1,5 times faster, than higher, to tighten the belt falls to the most vulnerable segments of the population, he said.