Frosts affected food prices - NBU

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In April, prices for raw food increased due to last year's low harvests and the impact of frosts. Flour, cereals, fruits and vegetables, especially borscht set, have risen the most in price.

Raw products became more expensive in April due to low yields last year and April frosts. Prices for flour, cereals, fruits and vegetables grew the fastest, the NBU reported, writes UNN.

Prices for raw products in annual terms continued to grow due to both the residual effects of low yields last year and the impact of short-term April frosts

- the National Bank reported.

According to the NBU, flour and cereals, fruits and vegetables (primarily borscht set) became more expensive faster due to the low supply of quality products. An additional factor, as indicated, was the shift in the seasonality of demand for certain food products, primarily eggs, due to Easter, which fell in April this year (in 2024 - in May).

At the same time, it is reported that the supply of imported food products and greenhouse vegetables somewhat restrained the growth of prices.

Inflation accelerated to 15.1%. Pork and fruits rose in price the most during the month, eggs became cheaper09.05.25, 16:51

Julia Shramko Economy
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