Berliner Boersenzeitung - Kyiv shoppers feel the pinch from Russian strikes

EUR -
AED 4.183233
AFN 72.900104
ALL 91.877324
AMD 414.797627
ANG 2.039349
AOA 1045.665133
ARS 1736.795085
AUD 1.614556
AWG 2.050324
AZN 1.929371
BAM 1.955317
BBD 2.295034
BDT 140.215395
BGN 1.917555
BHD 0.429594
BIF 3432.052962
BMD 1.139069
BND 1.455841
BOB 13.964554
BRL 5.909604
BSD 1.139419
BTN 109.11607
BWP 15.516171
BYN 3.44275
BYR 22325.749957
BZD 2.291734
CAD 1.610017
CDF 2665.421243
CHF 0.943457
CLF 0.027745
CLP 1095.522593
CNY 7.646854
CNH 7.670829
COP 3814.158657
CRC 518.072139
CUC 1.139069
CUP 27.347251
CVE 110.237793
CZK 24.358299
DJF 202.909921
DKK 7.475483
DOP 67.763276
DZD 152.818284
EGP 58.990341
ERN 17.086033
ETB 184.850379
FJD 2.559773
FKP 0.85991
GBP 0.859642
GEL 2.978697
GGP 0.85991
GHS 13.234734
GIP 0.85991
GMD 83.7416
GNF 10021.526666
GTQ 8.701852
GYD 238.41116
HKD 8.933144
HNL 30.583452
HRK 7.533577
HTG 149.123196
HUF 365.202592
IDR 20405.39374
ILS 3.47195
IMP 0.85991
INR 109.142732
IQD 1492.731591
IRR 1565735.599723
ISK 136.984345
JEP 0.85991
JMD 180.275508
JOD 0.807618
JPY 179.112846
KES 147.673554
KGS 99.609521
KHR 4633.856354
KMF 493.217167
KPW 1025.16235
KRW 1542.572887
KWD 0.351562
KYD 0.949566
KZT 504.785418
LAK 25558.69206
LBP 102039.416452
LKR 376.227146
LRD 195.991629
LSL 18.590812
LTL 3.363374
LVL 0.689011
LYD 7.285202
MAD 10.934601
MDL 20.226008
MGA 5030.758398
MKD 61.559807
MMK 2391.318071
MNT 4096.27867
MOP 9.206128
MRU 45.840686
MUR 54.140099
MVR 17.598252
MWK 1975.812365
MXN 20.229913
MYR 4.640683
MZN 72.797622
NAD 18.590812
NGN 1510.838223
NIO 41.929652
NOK 10.830096
NPR 174.585912
NZD 1.992947
OMR 0.439192
PAB 1.139419
PEN 3.868245
PGK 5.076747
PHP 71.01757
PKR 315.746773
PLN 4.371461
PYG 6716.342392
QAR 4.153475
RON 5.27298
RSD 117.42102
RUB 96.076288
RWF 1684.084364
SAR 4.278244
SBD 9.113134
SCR 15.790891
SDG 685.148141
SEK 11.297001
SGD 1.456185
SHP 0.859999
SLE 28.078724
SLL 23885.695533
SOS 651.239273
SRD 42.905879
STD 23576.425949
STN 24.493955
SVC 9.970539
SYP 14810.173807
SZL 18.586413
THB 38.016405
TJS 10.511606
TMT 3.998132
TND 3.373267
TOP 2.742604
TRY 55.748878
TTD 7.750087
TWD 36.141174
TZS 3024.153632
UAH 51.024307
UGX 4462.898547
USD 1.139069
UYU 45.648734
UZS 13485.671707
VES 970.978133
VND 29588.453106
VUV 134.852368
WST 3.127568
XAF 655.957
XAG 0.017716
XAU 0.000265798508
XCD 3.07839
XCG 2.053593
XDR 0.805381
XOF 655.957
XPF 119.331742
YER 269.560677
ZAR 18.44165
ZMK 10252.989304
ZMW 22.227514
ZWL 366.779713
SSP 6507.035634
MXV 2.292486
  • RBGPF

    -0.5900

    65.4

    -0.9%

  • RYCEF

    -0.3600

    19.31

    -1.86%

  • CMSC

    -0.1100

    20.4

    -0.54%

  • BCC

    1.0400

    77.14

    +1.35%

  • NGG

    0.2600

    75.49

    +0.34%

  • CMSD

    -0.0700

    20.3

    -0.34%

  • BCE

    -0.3300

    20.97

    -1.57%

  • RIO

    0.0900

    94.56

    +0.1%

  • RELX

    0.0100

    33.52

    +0.03%

  • VOD

    0.1300

    16.62

    +0.78%

  • GSK

    -0.4100

    49.24

    -0.83%

  • BTI

    -0.3900

    55.63

    -0.7%

  • JRI

    -0.1500

    11.02

    -1.36%

  • BP

    -0.2600

    44.15

    -0.59%

  • AZN

    2.0200

    166.58

    +1.21%

Kyiv shoppers feel the pinch from Russian strikes
Kyiv shoppers feel the pinch from Russian strikes / Photo: Roman PILIPEY - AFP

Kyiv shoppers feel the pinch from Russian strikes

With one eye on the shelves and the other on his phone, Maksym Tarasenko has gotten used to keeping an eye out for Russian drones above Kyiv as he shops.

Text size:

But Tarasenko, 26, is unable to feed his caffeine habit, as his favourite fizzy drink is no longer in stock at his local supermarket. "There's absolutely no Coca-Cola left, not even the equivalent," he said.

Last month, he said the Silpo store where he shops had no potatoes, cereals or many vegetables.

In the last nine months, there have been three times as many airstrikes on civilian warehouses in the Kyiv region than in the first four years of Russia's invasion in February 2022.

Two-thirds of them have happened since the start of August, according to an AFP analysis of data from the ACLED conflict monitor up to September 18.

Ukraine's food minister, Taras Vysotskyi, has said the wave of attacks has "seriously disrupted, even rendered inoperative" the supply chains used by major retailers, which are based on centralised logistics platforms.

He called on brands to decentralise their logistics, focus on short-term supply chains and use smaller warehouses or ones located in neighbouring countries.

- Supply chain -

The Fozzy group, which owns Silpo, announced in early August that it was reorganising its supply chains, allowing shelves to be restocked, albeit without some brands.

With fruit carefully stacked, a slew of special offers and light music, everything might appear normal.

But clients are glued to their devices: above the capital, thick black smoke rises after a Russian strike on a market near the city's central station.

For Tarasenko, Moscow is trying to create "widespread panic" among citizens.

The first shortages prompted a rush on certain products as residents sought to stock up before winter, he said, but he is remaining calm.

"A little market has been set up near where I live. I sometimes buy basics there, it's a little bit cheaper," he said.

And if the situation gets even worse, he has already found a grower in the provinces where he can get his potatoes.

- Inflation -

In the Kyiv suburbs, about 10 kilometres (six miles) from the supermarket, firefighters busy themselves around a huge skeleton of charred metal.

Bottles of oil, packets of salt and a few tin cans lie among the debris. Just the day before, the building was being used as a warehouse for the ECO Market chain.

According to Oleg Pendzyn, an economist, these types of Russian attacks have caused an estimated deficit of 1.3 billion euros ($1.5 billion) for the Ukrainian state.

Vysotskyi, the food minister, has warned that the reorganisation of logistics could increase the cost of foodstuffs by up to 2.5 percent, while Ukraine's central bank said annual inflation stood at 8.1 percent in August.

"It's hitting my wallet hard!" said Anya Dmyterko, a 35-year-old vendor at the market in Boryspil, outside Kyiv.

"With 1,000 hryvnias ($22.20), I could buy food, meat, treats for the kids," she said. "Now, you can hardly buy anything."

As the sirens screamed again at the central market in Boryspil, Dmyterko pushed her own shopping trolley without looking up.

Since August, the smell of burning has filled the air around the small town surrounded by warehouses, making it a prime target for Moscow.

In the evening, when the drones approach, Dmyterko said she quickly grabs her three children and they head to the basement.

- Essentials -

Despite the threat from above, life continues at the Boryspil market. In Dmyterko's shop, new customers arrive as her shelves have not been as badly hit by shortages and inflation as bigger supermarkets.

Most Ukrainian families buy 45 percent of their products at markets every month, said Pendzyn. Thirty percent is spent in local grocery stores.

Such stores source their supplies directly from domestic producers, a set-up that, for now, eliminates any risk of food shortages, he added.

Supermarkets are mostly used by "the young urban population with comfortable incomes", the economist added.

Pendzyn said he was particularly worried by Russian strikes on the Black Sea ports, because Ukraine depends on them for 90 percent of its exports and no land route can absorb such a volume.

The sound of anti-aircraft guns pierces the sky as conversations at the market revolve around rising prices and the coming winter.

Dmyterko lines up jars of gherkins and tomatoes.

"The main thing is that there's food and water," she said. "No Coca-Cola is not a disaster."

(F.Schuster--BBZ)