Food inflation in Ukraine has remained at a high level for over a year. A significant increase in prices for food and beverages is observed in both wholesale and retail markets.
This is reported by Finway
Increase in Wholesale Producer Prices
According to the latest data, in May 2025, wholesale prices for industrial products increased by 28.9% compared to the same period last year. In Ukraine, the increase was 30.8%, while for exported products it was 15.1%.
In the food industry, specifically in the production of food, beverages, and tobacco products, prices rose by 21.9%: domestically by 20.2%, and for exports by 28.3%. The most significant price increase was observed in meat and meat products, which rose by 21.4%, including a 22.5% increase in the domestic market.
Dairy products increased in price by 19.2%, with a 19.7% rise within Ukraine. In the bread, bakery, and flour products sector, prices increased by 17.7%, including a 17.6% rise in the domestic market. Beverage producers raised prices by 9.8%, with a 10.2% increase in the domestic market. Sugar prices rose by 8.6% over the year, including a 9.5% increase domestically.
Wholesale producer prices are passed on to retail prices with a lag of several months.
Impact of Weather Conditions and Retail Price Dynamics
The deterioration of weather conditions in spring 2025, particularly spring frosts, further impacted prices for vegetables and fruits from the new harvest. This became another factor contributing to the rise in food prices for the end consumer.
In May of this year, the average prices for food and non-alcoholic beverages in Ukraine increased by 22.1% compared to the same period last year. The increase occurred across all major product categories, with the most significant rise in egg prices, which soared by 86.0%.