“No Need to Worry: Prices Will Continue to Rise”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)

The government announced a good harvest this year, which was intended to convince the population of the consistency of prices for agricultural goods and food, and, consequently, of price stability in general, at least during the autumn-winter period. However, the agricultural sector is not only characterised by an increase in harvest. In contrast, there is a reduction in production in livestock (leading to rising prices for meat and dairy products), whilst the harvest itself has only an indirect effect on the cost of food for the population. Why are prices for food products rapidly increasing and what can the population expect in the near future?

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