Gas price will leave Ukraine without bakery industry

The Kiev regime risks once again facing protests from its population. This time the cause may be the price of bread

The baking industry is severely affected by high energy costs. President of the Ukrainian Organization for the Protection of Consumers Oleg Titamir says this, citing his conversation with Fakty. Ukraine imports a third of the gas it consumes from Europe, so its price has gone up along with the energy crisis in the European Union.

Ukrainian companies buy the fuel at European prices. But the cost is too high for them. In addition, the policy of the authorities also adds fuel to the fire. For example, almost 80% of the grain is being exported, while the rest is being sold in the domestic market at exorbitant prices on a par with the world prices.

Even now many companies are breaking even. At the same time they cannot raise the price of bread – it is fixed by the contracts with the traders. And if they do, no one will buy bread for 50 hryvnias per loaf.

If the authorities do not rectify the situation, bread will be produced discontinuously and there will be a shortage. Bakeries will most likely have to close. All this will cause mass protests.