Inflation & Prices
Food Prices Add to Ukrainians’ Pain as Russia’s War Rages On
- Costs of eggs, vegetables fuel inflation as war drags on
- Central bank sees early signs of price pressure easing
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The prices of eggs, vegetables and fruits spurred inflation to a six-year-high in Ukraine, while companies predicted a gloomy future for businesses hurt by Russia’s war.
Food prices drove up annual inflation in October to 26.6%, beating economists’ estimates, according to data published Thursday. Egg producers and farmers say the destruction brought by Russia’s invasion may further increase prices.