{"id":68911,"date":"2026-04-10T19:39:05","date_gmt":"2026-04-10T18:39:05","guid":{"rendered":"https:\/\/versii.net\/%d0%b1%d0%b5%d0%b7-%d0%ba%d0%b0%d1%82%d0%b5%d0%b3%d0%be%d1%80%d0%b8%d0%b8\/2026\/68911\/"},"modified":"2026-04-10T19:39:05","modified_gmt":"2026-04-10T18:39:05","slug":"the-national-bank-explained-why-prices-have-surged-in-ukraine-for-more-information-visit-rbc-ua","status":"publish","type":"post","link":"https:\/\/versii.net\/en\/economic\/2026\/68911\/","title":{"rendered":"The National Bank explained why prices have surged in Ukraine. For more information, visit rbc.ua."},"content":{"rendered":"<p>There are two main reasons for the rapid price increase <\/p>\n<p>Inflation in Ukraine has accelerated: over the year, prices have risen by 7.9%, and by 1.7% just in March. The main reasons are the rise in fuel prices due to the conflict in the Middle East and the increase in global oil prices.<\/p>\n<\/p>\n<p>This is reported by RBC-Ukraine, citing a statement from the National Bank.<\/p>\n<\/p>\n<p><strong>Read also:<\/strong> Prices have surged: what has increased the most in March &#8211; data from the State Statistics Service<\/p>\n<p>The increase in fuel and oil prices has led to a rise in transportation costs.<\/p>\n<p><strong>Fuel prices have risen by 23.4% over the year<\/strong>. Prices at gas stations have sharply increased &#8211; this is a direct consequence of the hostilities in the Middle East, which have significantly raised the prices of petroleum products and gas on the global market.<\/p>\n<p>State <strong>tariffs and fares have increased by 8.6%<\/strong>. Although the pace of growth has slowed somewhat, prices are still higher than expected. The main reason is the increase in fares for urban minibuses, as well as intercity transport, which is again linked to expensive fuel.<\/p>\n<p><strong>The annual growth of prices for fresh products has slowed to 8.4%<\/strong>:<\/p>\n<ul>\n<li>Meat: Pork and chicken have not risen as quickly because there is more imported product on the market.<\/li>\n<li>Vegetables: The borscht set costs half as much as last year. Due to the warm weather, stocks from storage have started to be sold off more quickly.<\/li>\n<li>Eggs: Prices have risen more slowly than last year.<\/li>\n<li>Buckwheat: Conversely, it has increased more than expected due to a poor harvest.<\/li>\n<\/ul>\n<p><strong>Core inflation has risen to 7.1%<\/strong>:<\/p>\n<ul>\n<li>Oil: Prices have risen due to a sunflower shortage and rising global prices.<\/li>\n<li>Fish: It has become more expensive due to costly imports from the EU and fuel expenses.<\/li>\n<li>Sweets and beverages: Prices for them have risen more slowly as sugar remains relatively cheap.<\/li>\n<\/ul>\n<p><strong>Services have increased by 12.8%<\/strong>:<\/p>\n<ul>\n<li>Communications: Tariffs have risen due to the difficult situation in the energy sector.<\/li>\n<li>Household and leisure: Due to expensive electricity for businesses, restaurants, cinemas, and service centers have raised their prices.<\/li>\n<li>Transport: Expensive fuel has forced increases in taxi fares, freight transport, and driving courses.<\/li>\n<\/ul>\n<p>Non-food goods (clothing, electronics, etc.) have become <strong>the only category where prices continue to decrease &#8211; by 0.5% over the year<\/strong>.<\/p>\n<\/p>\n<p>We remind you that the National Bank has acknowledged that despite certain positive factors within the country, external risks are forcing the regulator to prepare for higher price growth rates than previously expected.<\/p>\n<p>Moreover, despite the stabilization of the situation in the energy system, Ukrainians should not expect a significant decrease in food prices. Expenses for modernization and new tariffs are already factored into the cost of goods.<\/p>\n<\/p>\n<p><a href=\"https:\/\/rbc.ua\">rbc.ua<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are two main reasons for the rapid rise in prices. Inflation in Ukraine has accelerated: over the year, prices have increased by 7.9%, with a 1.7% rise just in March. The primary causes are the increase in fuel prices due to the conflict in the Middle East and the rise in global oil prices. [rbc.ua]<\/p>\n","protected":false},"author":1,"featured_media":68768,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"magazine_newspaper_sidebar_layout":"","footnotes":""},"categories":[75],"tags":[],"class_list":["post-68911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The National Bank explained why prices have surged in Ukraine. Link: rbc.ua<\/title>\n<meta name=\"description\" content=\"There are two main reasons for the rapid price increase. Inflation in Ukraine has accelerated: over the year, prices have risen by 7.9%, with a 1.7% increase just in March. The primary causes are the rise in fuel prices due to the conflict in the Middle East and the increase in global oil prices. 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