The legendary Kyiv bakery, which for decades remained one of the symbols of the capital's fast food, has become the object of economic analysis. Analyst Mykhailo Demkiv studied how the price of this popular product would change if it were adjusted exclusively for the inflation index.
According to Demkiv, if the price of bakery products corresponded to the inflationary processes of the last decade, then in 2025 it should be 23 hryvnias. However, the real cost of this product significantly exceeds inflation indicators, which indicates a general economic trend.
"I am always interested in correlating inflation data with real consumer goods. We often analyze annual price changes, but few people pay attention to their growth over decades. Kyiv pastries are a great example for such studies, because they remain an unchanged product in the minds of Ukrainians," the expert noted.
In 2010, the price of Kyiv pastries was 4 hryvnias 50 kopecks. Today, its cost has increased to 50 hryvnias. This means that over 15 years the price has increased by 1011%, which is more than 10 times higher than the initial cost.
For comparison, over the same period the inflation index increased by 409%. This indicates a fivefold increase in the overall price level in the country. The difference between the inflation rate and the actual increase in the cost of a product demonstrates how individual goods can increase in price much faster than the general economic situation suggests.
This analysis highlights how individual goods can act as economic indicators. The high rate of price growth for Kyiv pastries indicates not only economic challenges, but also a change in consumer sentiment and demand. This once again confirms that the things we are used to can sometimes tell us more about the state of the economy than dry statistical figures.
e-finance.com.ua