KYIV, Oct 7 - The Ukrainian Bakers' Association predicts a rise in prices for bread and bakery products by the end of this year by 10-15%.

According to a press release from the association, the factors influencing the price increase do exist. First of all, the rise in the price of bread will be caused by an increase in the cost of wheat and its processed products, an increase in prices for sugar, sunflower oil and other ingredients for the production of bread and bakery products, as well as the devaluation of the hryvnia by almost 20% since the beginning of 2020 and an increase in the minimum wage, the level of which is regulated by the government.