Ukrainian hryvnia: how a 21% VAT increase will affect prices

A woman takes a 100-hryvnia banknote from her wallet amid news of VAT hike and rising consumer prices in Ukraine

The image shows a woman pulling a 100-hryvnia banknote from her wallet. The photo illustrates the story of rising consumer costs in Ukraine due to a potential VAT increase to 21% and a 5–7% price hike driven by the special military risk insurance fund.

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