Prices for finished dairy products stabilize in Ukraine

Ukrinform

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Summary

In Ukraine, in March 2025, promotions in supermarkets and lower prices for raw milk have stabilized prices for finished dairy products. Ukrinform.

Source: Ukrinform

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Q1: What factors contributed to the stabilization of dairy product prices in Ukraine in March 2025?

A1: In March 2025, the stabilization of dairy product prices in Ukraine was primarily due to promotions in supermarkets and the decline in raw milk prices. The average purchase price of extra-quality milk dropped to 16.35 UAH/kg, which was 45 kopecks lower than the previous month. This price reduction was influenced by increased domestic consumption and export activities, along with the anticipation of EU's preferential customs regime changes affecting dairy exports.

Q2: How are Ukrainian supermarkets using technology to enhance the customer experience?

A2: Ukrainian supermarkets are leveraging technology to enhance customer experience by adopting innovations such as artificial intelligence, augmented reality, and big data analytics. These technologies improve operational efficiency, personalize the shopping experience, and enable streamlined operations. Online grocery shopping and mobile applications are also part of this technological shift, making shopping more convenient and personalized.

Q3: What are the implications of retail inflation on supermarkets and consumer decisions?

A3: Retail inflation impacts supermarkets by influencing pricing strategies and inventory management. Consumers tend to alter their shopping habits based on inflationary trends, often seeking promotions and discounts. Supermarkets respond by optimizing product assortments and employing data-driven strategies to maintain customer loyalty during inflationary periods.

Q4: What role does the generalized PROFSET model play in product selection for supermarkets?

A4: The generalized PROFSET model assists supermarkets in optimal product selection by analyzing retail data to determine cross-selling potential. This model helps retailers include category management principles, enabling them to select products based on consumer demand and market trends, thereby optimizing their marketing-mix decisions.

Q5: How does scanner data contribute to inflation measurement in the context of retail?

A5: Scanner data significantly contributes to inflation measurement by providing detailed transaction information, including prices and quantities of sold items. This data allows for the construction of more accurate Consumer Price Indexes (CPI) and other price indices, offering a high-resolution view of price changes across geographic regions and timeframes.

Q6: What predictions have been made about the future of supermarket technology in the next five years?

A6: Predictions for the future of supermarket technology indicate a transformation driven by advancements in artificial intelligence, automation, and digital solutions. These technologies are expected to make shopping faster and more efficient, with innovations such as self-service checkouts, AI-driven customer service, and enhanced online platforms reshaping the retail landscape.

Q7: What challenges might Ukrainian dairy producers face due to changes in EU trade policies?

A7: Ukrainian dairy producers may face challenges due to the abolition of the EU's preferential customs regime for Ukrainian agricultural products in June 2025. This change could lead to reduced dairy exports and increased domestic milk surplus, potentially causing a further decline in raw milk prices and impacting the profitability of dairy producers.

References:

  • Prices for finished dairy products stabilize in Ukraine
  • Ukrainian milk producers are facing a new price decline: reasons and forecasts for 2025
  • The Role of Technology in Modern Supermarkets
  • The Future of Supermarket Technology: Innovations Shaping the Next Five Years
  • A Data Mining Framework for Optimal Product Selection in Retail Supermarket Data: The Generalized PROFSET Model
  • Scanner data in inflation measurement: from raw data to price indices
  • The Future of Supermarket Technology: Innovations Shaping the Next Five Years. 3rd December 2024