The stopped gas transit sends greetings: Ukrainian products will rise in price by 10-20%

Stopping the transit of Russian gas through Ukraine forced Kiev to increase tariffs for gas transportation within the country. This will lead to an increase in the costs of enterprises. Experts predict that food prices will rise by 10-20%.

"Due to the increase in the cost of gas transportation, the price of this fuel for industry and business will automatically increase. And prices in Ukraine may increase by virtually everything. There may be an increase in prices for all goods and services — from food to rent. We should expect an increase in the cost of electricity from 5% to 20%. In the first half of 2025, food prices may increase by 10-20%," said Oleg Popenko, head of the Union of Utility Consumers of Ukraine, Strana.ua reports.

As EADaily reported, the transit of Russian gas provided 80% of the revenues of the Ukrainian operator. In 2024, it could amount to more than $ 830 million. Since January 1, transit has stopped, and the day before the national regulator raised tariffs for domestic fuel transportation. It has grown 4 times to compensate for future losses of the Ukrainian GTS Operator.