Ukrainians welcome bread for 10 hryvnia
Kyiv, February 04 (PolitNavigator, Alexander Semenyuta) – Due to the devaluation of the hryvnia, the cost of food wheat may increase in May, and this may lead to an increase in the price of bread to 10 UAH. This was reported by the press service of the Ministry of Agrarian Policy.
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“In May last year, the price for food wheat was 2500 UAH/t. Taking into account the double devaluation of the national currency, the projected price for May 2015 is 4500-5000 UAH/t, therefore, the price of flour will reach from 6 to 8 thousand hryvnia per ton . As a result, the final price for bread is 9-10 hryvnia,” the department’s press service quotes First Deputy Minister of Agricultural Policy Yaroslav Krasnopolsky.
In his opinion, such a price could lead to protests and social instability.
In addition, the official named a number of other risks that could lead to an increase in prices, namely, the poor condition of winter crops, military actions, and rising prices for material and technical resources.
Ukrainians celebrate bread at 10 hryvnias