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The National Bank explained the reason for rising prices of goods and services

The National Bank of Ukraine explained the acceleration of inflation to 12.9% in January 2025 by increasing administratively regulated prices, increasing the cost of energy supply and remuneration.

The NBU notes that the prices for raw food increased by 11.8%, food processed - by 15.9%, and the cost of services increased by 14.2%. The rise in non -food prices has also increased - up to 4.3%.

Among the main factors in price, experts are the increase in purchase prices for raw materials, increased excise duties, electricity costs, logistics and the impact of tax changes. Administratively regulated prices increased by 17.5%, in particular due to adjustments to alcohol and tobacco prices.

In addition, there was a rise in price of medicines, medical goods, equipment and local telephone. Prices for fuel rose by 12.1%.

NBU experts explain the increase in prices with increasing production costs of enterprises and logistics difficulties.

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