Grocery shelves and price tags: how the VAT hike to 21% will affect prices

Prices of groceries and juices on supermarket shelves in Ukraine amid the VAT increase to 21% and rising inflation

Supermarket shelves in Ukraine are stocked with juices, salads and yogurts bearing price tags. The VAT increase to 21%, assessed by the National Bank, may further push up the cost of everyday goods. The image illustrates how inflation expectations translate into higher prices for consumers in stores.

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