Why food prices will rise in December
Ukrainians have been informed that this December they should prepare for an increase in food prices. Well-known expert Oleg Pendzin explained that the arrival of Christmas will lead to a significant price increase due to increased demand for food products.
December is the time for Ukrainians to prepare for Christmas. Prices traditionally rise before the holidays. The main reason for the price increase in December will not be so much the cost of storage, but rather the increased demand for food before the holiday - he explained.
The expert also noted that the costs of electricity for preserving products in November will also affect prices, raising food costs by about 1.5%.
Preparation for Christmas will lead to an increase in food prices in December as demand rises and the costs of preserving products will impact food prices.