Business news from Ukraine

Business news from Ukraine

The Espresso Index has doubled in recent years

27 December , 2023  

A cup of espresso costs 30 hryvnias on average in Ukraine. This is reported by the company Opendatabot, referring to the study of the Espresso Index by Poster POS.

Follow the changes on the Espresso Index page

The Espresso Index is an economic indicator used to measure the cost of a standard cup of espresso in different cities around the world. It can be useful for comparing the price level and cost of living in different places. This indicator helps to assess how big the difference in prices for the same goods and services is in different countries, reflecting purchasing power and inflation.

The Espresso Index in Ukraine has doubled in recent years: from UAH 15 in 2017 to UAH 30 at the end of 2023. It is worth noting that during the full-scale invasion, there was a sharp jump in prices. Thus, the average cost of an espresso in the country increased from 20 UAH to 28 UAH in 2022 alone.

The most expensive cup of coffee will be in Odesa (UAH 36), Donetsk (UAH 35), and Kharkiv (UAH 32). Instead, the lowest prices for a basic coffee drink in Ukraine are in Khmelnytsky (UAH 21), Sumy (UAH 23), Zhytomyr and Vinnytsia regions – UAH 24 each.

The Ukrainian restaurant automation company Poster POS  presented the Espresso Index of Ukraine  2023 – a large-scale study of the average cost of a cup of coffee in Ukraine.

Espresso is the main component of every coffee drink, so its cost directly affects the price of any drink in a coffee shop.

https://opendatabot.ua/analytics/espresso-index

, , , ,