In the next two weeks, prices for essential Easter products will remain at their current level or experience slight fluctuations. The budget option for this year’s Easter basket, which includes Easter bread, dyed eggs, salt, horseradish, and a candle, has increased by 33% compared to last year and costs an average of 426 hryvnias. This is stated in a study by the Ukrainian Club of Agrarian Business (UCAB).
This is reported by Finway
It is noted that if cheese, sausage, and mustard are added, the cost of the basket will rise to 847 hryvnias, which is 23% more than in 2024. Adding sweet wine, cucumbers, tomatoes, and lard will raise the price of the Easter basket to 1,185 hryvnias, which is 17% more expensive than last year.
According to analysts’ calculations, the average price of a dozen eggs has increased by 9% over the past month, reaching 76.4 hryvnias. Compared to the same period last year, the price has risen by almost 30%. Experts note that high demand ahead of the holiday may keep egg prices at the same level or provoke further slight fluctuations.
However, in May, after the holiday, the supply of eggs in the market will increase due to production from household farms, which will lead to a decrease in prices on store shelves by approximately 25%. Additionally, preparing 3-4 Easter breads weighing 500-600 grams each using a classic recipe will cost 318.4 hryvnias, which is 38.6% more expensive than before Easter 2024.
The greatest impact on production costs comes from butter, which has increased by 71% and costs 121 hryvnias for 200 grams, milk (+31%, 30 hryvnias for 500 grams), and eggs (+61%, 58 hryvnias for 8 pieces). Furthermore, the traditional pork neck for baking has added 2% in price over the month and costs 20% more than last year – 275 hryvnias per kilogram.
Lard remains relatively stable at 239 hryvnias per kilogram (+1% over the month and +1% over the year). Hard cheese has increased by 5% over the month and by 21% over the year – the cost is 595 hryvnias per kilogram. Prices for tomatoes and cucumbers have slightly decreased over the past month due to increased imports and domestic supply. However, compared to last year, prices for these vegetables have risen by 12-25%.
“Although the purchasing power of the population has not significantly improved, everyone is preparing for the holiday, and prices are unlikely to decrease significantly. Inflation and seasonal price increases also affect costs. Therefore, in the nearly two weeks remaining until Easter, the price of the basket may rise by another 5-7%,” noted UCAB analyst Maksym Hopka.