Pensions, currency exchange rates, fuel, utilities, and prices: what will change for Ukrainians in 2025.

Changes in the economy of Ukrainian land in 2025, according to the forecast, may lead to an increase in the dollar compared to the hryvnia and a rise in prices for certain products. Prices for utilities will remain unchanged until the end of the heating period, after which an increase may be possible. However, fuel prices may decrease due to the drop in oil prices on the global market.

Currency exchange rates

Economist Andriy Shevchishin explained that the National Bank of Ukraine will continue its managed flexibility policy in the coming year. 'All currency fluctuations will be formed with the support and under the control of the National Bank. The regulator will weaken or restrain the exchange rate depending on the chosen strategy,' Shevchishin said.

'Devaluation of the hryvnia is necessary, as Ukraine has a negative trade balance of 35-40 billion dollars. We export much less than we import,' said economist Danylo Monin.

It is expected that in the first half of the next year, the dollar exchange rate could be 42-43 hryvnias per unit.

Prices for products

The price dynamics in the domestic market will depend on the balance between the supply of domestically produced goods, imported goods, and demand for them, noted analyst Maksym Hopka. Limited domestic production may lead to price increases, while a sufficient volume of imports may curb price growth.

Hopka predicts that by spring 2025, prices for products will rise, but will change with the warming.

Prices for vegetables and fruits

Among vegetables, garlic, cucumbers, and tomatoes remain the most expensive, while among fruits - clementine mandarins.

Prices for dairy products

Prices for dairy products have risen due to the increase in raw material costs and the decrease in cattle headcount, as well as rising production costs.

Pensions and social payments

In July 2025, a new accumulative pension system will be introduced. Pension payments will amount to 40% of the salary with a full insurance record.

Utility tariffs

Tariffs will remain unchanged until the end of the heating season, but after this, an increase in tariffs for electricity and gas is expected.

Fuel prices

Experts predict that oil prices may decrease, which will affect fuel prices. However, this will depend on the hryvnia exchange rate and US policy.

Water supply

Hot water tariffs will remain unchanged for now, but may change after the heating season.