Global wheat prices increased by over ** percent over the period from February 24 to June 1, 2022, compared to the average in January 2022. The growth was explained by the Russia-Ukraine war, as Russia and Ukraine were among the leading wheat exporters. Furthermore, coal prices grew by around ** percent. A significant increase was also recorded in the prices of metals exported by Russia, such as nickel, palladium, and aluminum.
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Cost of food in Ukraine increased 22.10 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Ukraine Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about House Prices Growth
Fuel prices, already high due to a recovering post-pandemic economy, surged even higher after Russia's invasion of Ukraine on February 2022. As of May of that same year, UCOME (used cooking oil methyl ester) average wholesale prices were higher than any other fuel, standing at 2,607 U.S. dollars per metric ton of oil equivalent. This represented an increase of over 124 percent when compared to 2018/2019 average prices. However, the largest price increase was reported for TME (tallow methyl ester). As of May 2022, TME's average wholesale price amounted to 1,112 U.S. dollars per metric ton of oil equivalent, up by more than 133 percent in comparison to 2018/2019.
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Ukraine: Food price index, world average = 100: The latest value from 2021 is 71.14 index points, an increase from 55.473 index points in 2017. In comparison, the world average is 105.854 index points, based on data from 165 countries. Historically, the average for Ukraine from 2017 to 2021 is 63.307 index points. The minimum value, 55.473 index points, was reached in 2017 while the maximum of 71.14 index points was recorded in 2021.
In March 2022, the majority of Hungarians were concerned that gas prices would increase as a consequence of the Russia-Ukraine war. Fidesz-KDNP voters were the most optimistic about future gas prices as only ** percent of them expressed their worry.
Premium price dog food demonstrated the highest growth among all other price segments in Ukraine, having increased from approximately ** Ukrainian hryvnia per kilogram in September 2020 to nearly *** Ukrainian hryvnia per kilogram in August 2022. In 2021, premium products occupied more than a fifth of the Ukrainian dog market.
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Export Prices in Ukraine increased to 120.50 points in May from 119.30 points in April of 2025. This dataset provides - Ukraine Export Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Ukraine Average Consumer Price: Sour Cream With Fat Content Up to 15% Inclusive data was reported at 136.400 kg in Mar 2025. This records a decrease from the previous number of 136.950 kg for Feb 2025. Ukraine Average Consumer Price: Sour Cream With Fat Content Up to 15% Inclusive data is updated monthly, averaging 65.590 kg from Jan 2017 (Median) to Mar 2025, with 99 observations. The data reached an all-time high of 136.950 kg in Feb 2025 and a record low of 42.240 kg in Jan 2017. Ukraine Average Consumer Price: Sour Cream With Fat Content Up to 15% Inclusive data remains active status in CEIC and is reported by State Statistics Service of Ukraine. The data is categorized under Global Database’s Ukraine – Table P001: Average Consumer Prices.
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Ukraine Average Consumer Price: Pasteurized Milk With Fat Content Up to 2,6 % Inclusive data was reported at 47.150 kg in Mar 2025. This records an increase from the previous number of 46.250 kg for Feb 2025. Ukraine Average Consumer Price: Pasteurized Milk With Fat Content Up to 2,6 % Inclusive data is updated monthly, averaging 25.830 kg from Jan 2017 (Median) to Mar 2025, with 99 observations. The data reached an all-time high of 47.150 kg in Mar 2025 and a record low of 17.930 kg in Jan 2017. Ukraine Average Consumer Price: Pasteurized Milk With Fat Content Up to 2,6 % Inclusive data remains active status in CEIC and is reported by State Statistics Service of Ukraine. The data is categorized under Global Database’s Ukraine – Table P001: Average Consumer Prices.
The price of margarine in Russia increased by nearly 36 percent between February 25 and December 19, 2022. That was the food product with the highest price growth since the Russian invasion of Ukraine. The invasion was followed by international sanctions on Russia, which aimed at destabilizing its economy. Furthermore, a significant increase was recorded in the prices of rice and salt.
The FAO Food Price Index (FFPI) averaged 124.9 points in January 2025, down 2.1 points from December 2024. The highest value for the index in the past 23 years was reached in March 2022. However, the rate of food price increases has been decreasing since.
Food prices worldwide The annual FAO Food Price Index (FFPI) by category shows that the price of vegetable oils grew by a particularly large margin. One of the factors that influenced the spike in oil prices worldwide during 2020 and 2021 were the supply-chain disruptions during the COVID-19 pandemic. Moreover, after the war in Ukraine, shipping costs and grain prices also had a noticeable impact on global food prices. Global food prices are calculated to have increased by 3.68 percent, due to changes in shipping costs and grain prices. The European Union (EU) has experienced a particularly high increase in the annual consumer prices for food and non-alcoholic beverages, as compared to other selected countries worldwide. Inflation in Europe
The inflation rate for food in the EU grew from 0.2 percent in May 2021 to 19.2 percent in March 2023, as compared to the same month in the previous year. In the following months, the food inflation started decreasing again, reaching 1.86 percent in April 2024. The overall inflation rate in the Euro area reached its peak in December 2022 at 9.2 percent. The rate has since fallen to 2.4 percent in December 2024. As measured by the Harmonized Index of Consumer Prices (HICP), inflation rates in Europe were highest in Turkey, North Macedonia, and Romania as of December 2024.
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Ukraine: Recreation and culture price index, world average = 100: The latest value from 2021 is 44.58 index points, an increase from 37.07 index points in 2017. In comparison, the world average is 75.07 index points, based on data from 165 countries. Historically, the average for Ukraine from 2017 to 2021 is 40.83 index points. The minimum value, 37.07 index points, was reached in 2017 while the maximum of 44.58 index points was recorded in 2021.
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Ukraine Average Consumer Price: Bread Wheaten from Flour of the Highest Grade data was reported at 54.860 kg in Mar 2025. This records an increase from the previous number of 54.270 kg for Feb 2025. Ukraine Average Consumer Price: Bread Wheaten from Flour of the Highest Grade data is updated monthly, averaging 28.260 kg from Jan 2017 (Median) to Mar 2025, with 99 observations. The data reached an all-time high of 54.860 kg in Mar 2025 and a record low of 15.000 kg in Jan 2017. Ukraine Average Consumer Price: Bread Wheaten from Flour of the Highest Grade data remains active status in CEIC and is reported by State Statistics Service of Ukraine. The data is categorized under Global Database’s Ukraine – Table P001: Average Consumer Prices.
Germany was estimated to have the highest total costs from taking in refugees from Ukraine due to the Russian invasion that started in February 2022, at approximately 36.6 billion euros as of February 2025. Poland, which ranked second, was one of the countries that took in the most refugees from Ukraine. Spain had the third-highest estimated refugee cost, at around 8.6 billion euros.
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Gasoline Prices in Ukraine increased to 1.39 USD/Liter in July from 1.38 USD/Liter in June of 2025. This dataset provides the latest reported value for - Ukraine Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Producer Prices in Ukraine increased 13.10 percent in June of 2025 over the same month in the previous year. This dataset provides - Ukraine Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Ukraine: Housing and utilities price index, world average = 100: The latest value from 2021 is 32.77 index points, an increase from 20.884 index points in 2017. In comparison, the world average is 77.639 index points, based on data from 165 countries. Historically, the average for Ukraine from 2017 to 2021 is 26.827 index points. The minimum value, 20.884 index points, was reached in 2017 while the maximum of 32.77 index points was recorded in 2021.
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Ukraine: Healthcare price index, world average = 100: The latest value from 2021 is 19.37 index points, an increase from 14.37 index points in 2017. In comparison, the world average is 67.78 index points, based on data from 165 countries. Historically, the average for Ukraine from 2017 to 2021 is 16.87 index points. The minimum value, 14.37 index points, was reached in 2017 while the maximum of 19.37 index points was recorded in 2021.
The global fuel energy price index stood at 166.79 index points in May 2025, up from 100 in the base year 2016. Figures increased that month due to greater demand for motor fuels and cooling. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.
Global wheat prices increased by over ** percent over the period from February 24 to June 1, 2022, compared to the average in January 2022. The growth was explained by the Russia-Ukraine war, as Russia and Ukraine were among the leading wheat exporters. Furthermore, coal prices grew by around ** percent. A significant increase was also recorded in the prices of metals exported by Russia, such as nickel, palladium, and aluminum.