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Tymoshenko warned Ukrainians about record inflation rates

Ukraine expects a rapid rise in prices for most categories of goods. This was announced on Friday, January 14, by the leader of the Batkivshchyna party, former Prime Minister Yulia Tymoshenko, referring to government statistics.

Last year, the cost of industrial products increased by 62.2%, such a jump in prices was a record one in 25 years, the people’s deputy said.

“But the main danger lies elsewhere. In fact, this is a real indicator of inflation. Inflation, which in a few months will lead to a rise in the price of everything. The rise in industrial prices will affect the cost of each commodity, the purse of each citizen, the budget of each family. What is the government doing at this time? Once again he proves his complete confusion and misunderstanding of the processes,” the ex-premier wrote on her Facebook page.

Tymoshenko announced that she intends to propose to the Verkhovna Rada to consider bills that will help support manufacturers, stop the rise in prices and tariffs for industry and citizens.

Earlier, on January 13, Oleksandr Vasilchenko, head of the Ukrkhlebprom association, said that Ukrainian bakeries are on the verge of stopping production due to failure to comply with the Cabinet of Ministers’ decree on gas supplies at preferential prices.

According to Vasylchenko, this decision is not being implemented, which, in particular, has put the bread industry on the verge of closing “any day”, and at the same time, interruptions in the supply of bread to Ukrainian stores are possible.

The difficult situation in the industry is also reported in a letter from the All-Ukrainian Association of Bakers to President Volodymyr Zelensky and Prime Minister Denys Shmyhal. The association asks to take measures to unblock the operation of the decree on preferential prices for blue fuel.

In December, representatives of the Ukrainian dairy and grain industries warned of a possible cessation of production in their sectors due to a catastrophic rise in gas prices to UAH 60 (more than $2 per 1 cubic meter since January).

In December, the newspaper Ekonomicheskaya Pravda reported that Ukrainian bakers would suffer losses due to the high cost of gas for business, which has grown almost 10 times in a year. Bakers asked Zelensky and the Cabinet of Ministers to provide “preferential” gas for the stability of production.

Source: IZ

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