Ministry of Economic Development: "Easter cake index" in Ukraine has risen by a third

On Easter holidays, the team of analysts of the Ministry of Economic Development and Trade of Ukraine decided for the second time in a row to investigate the dynamics of the cost of baking Easter cake in 2017 compared to 2016, writes the Ministry on its Facebook page.

The study reveals that home-made Easter cake costs 29.81 UAH, which is 35.3% more expensive than in 2016. Prices for almost all ingredients have increased. Most of all, butter has risen in price by 34%. It also influenced the growth of the final cost of the home cake, since the share of butter is about 30%. "Sugar powder, in turn, continues to show signs of remarkable stability – for three consecutive years it costs 40 UAH per kilogram," experts said.

According to the consensus forecast of the Ministry of Economic Development, inflation in 2017 will remain at the level of 11% (December 2017 compared to December 2016).

The "Easter cake index" is not an official macroeconomic indicator and does not reflect inflation or the consumer price index. All calculations are approximate, based on DSS monitoring of prices for socially important goods and expert assessment of the Ministry of Economic Development.

Read also

DESS: The number of communities joining OCU in 2024 is half of last year’s

Over a year, 232 communities of the UOC changed their jurisdiction.

Scale of internal damage to UOC cathedral in Zaporizhzhia shown online

The video allows viewers to assess the damage endured by the main Orthodox church of the UOC in Zaporizhzhia.

Ex-MP UOC protodeacon Novinsky declared suspicion of high treason

The former MP is accused of "ensuring that a significant part of Ukrainian society, who are believers of the UOC, remain under the direct influence of the leader of the ROC".

St Andrew’s icon survives under the rubble of UOC cathedral in Zaporizhzhia

The icon was painted by nuns of the St Nicholas Monastery in Patras (Greece) and consecrated on the relics of St Andrew the Apostle.

RF missile strike destroys St Andrew's Cathedral of UOC in Zaporizhzhia

The fragments damaged the roof of the building, dome, ceilings, cut windows and disfigured classrooms.

Media shows conditions in which persecuted communities of Volyn have to pray

After their churches were seized, UOC faithful are compelled to pray in poorly equipped facilities.