What is the impact of the Ukrainian crisis on your household? Check out what will rise in the future

How does Ukraine invasion affect households?

Ukrainian invasion by the Russian army also affects our household budget. Russia and Ukraine are major exporters of cereals such as wheat and corn, so there is concern that the grain market will rise, which may increase prices for bread, flour, and pasta. Various other impacts are beginning to appear. Therefore, we have summarized the impact on households due to the Ukrainian situation. [Illustration] List that prices are expected to be raised due to the invasion of Ukraine ▼ The price of wheat futures on the US Chicago product exchange, which is an international indicator of wheat that rises grains, is high. It is likely that anxiety is spreading in grain shipment due to tense Ukraine situation. Russia and Ukraine are the produce and exports of major grains. Wheat shipments with Russia and Ukraine account for more than 25 % of the world, and Ukraine is the fourth place in the world of corn exports. In the Chicago Product Exchange, in addition to wheat, corn and soybean futures are rising. Japan relies on imports of 90 % of domestic demand in wheat, but has not imported from the two countries and is mainly procured from North America and Australia. However, if the procurement from Eastern Europe is delayed, the market price will be higher, so Japanese wheat prices will also be affected. Three major flour manufacturers have already raised their home flour since early January this year. Imported wheat is made by the government and sells it to powdered companies, and the government sales price will be revised twice a year, April and October. Since the price increase in January this year reflects the sale price last October, the impact of the Ukrainian situation will be in the future. The price revision in April this year may further increase the price. * As the price rises for such things, prices will rise, bread, pasta, udon, cup noodles, etc. will rise. In addition, as corn market rises, the price of livestock products (beef, pork, chicken, dairy products) that feed as feed rises. Soy rising soybeans will increase the price of various foods using edible oil and soybeans. ▼ Ukraine, which spures a semiconductor shortage, is a major production of semiconductor raw material gas such as neon and palladium, especially 70 % of the world's neon gas. If the Ukrainian crisis increases semiconductor manufacturing costs, you will be passed on to the semiconductor price. Currently, it is falling into a global semiconductor. Automakers have been forced to reduce production due to lack of semiconductors, and gamepers, smartphones, medical equipment, etc. have been affected by semiconductor deficiency. If the Ukrainian crisis affects the production of semiconductors, the shortage of semiconductors may be spurred and the prices of products used may rise. ▼ Russia, whose gasoline rises, is the third largest crude oil producer in the world. Russia is increasingly concerned about the delay of supply from Russia, and the price of crude oil has risen. With the rise in crude oil prices, regular gasoline retail prices have risen. As of February 21, the retail price of regular gasoline is 172 yen per liter average on average, and the price has risen for seven consecutive weeks. The government had subsidized up to 5 yen per liter to reduce the rise in price rising, but has already reached the upper limit of 25 yen as an additional measure. This will reduce the rise in rapid prices in the future, but the already high -priced gasoline price will have a significant impact on households. ▼ The electricity rates of 10 major electric power companies have increased the electricity bill for April, excluding three companies, excluding the three companies whose prices have reached the upper limit of the system. Liquefied natural gas (LNG) and coal prices, which are the fuel of thermal power plants, have resonated, and this time two new companies have reached the limit. Russia's invasion of Ukraine is concerned about the high price. The main electricity company's electricity bill (standard home monthly fee per month) is 8076 yen for Chubu Electric Power Milling (127 yen higher than the previous month), and TEPCO Energy Partner for 8359 yen (115 yen higher than the previous month. ), Tohoku Electric Power is 8431 yen (98 yen higher than the previous month). ▼ As the gold price rises, the situation in Ukraine has an effect on the price of gold. Even after updating the highest value of both futures and actual items on February 21, it has continued to rise. (As of February 25, the retail price of 7,827 yen per gram of Tanaka precious metal industry) tends to buy money as a safety asset when the world has an uncertain and vague anxiety. If Russia and Ukrainian tensions continue, the price of gold will continue to be high. ▼ Impact on household budget summarizes the impact of Ukraine situation on our lives. Regarding the price increase of foods due to soaring raw materials such as flour, soybeans, and corn, it is not a fixed matter, but it may be the case, but gasoline prices and electricity rates have already risen, and we are already up. It can be said that the life is starting to appear. However, the government has taken measures such as providing subsidies to reduce gasoline prices and setting an upper limit on electricity rates. Therefore, it is unlikely that the household will have a sudden blow, but it is better to assume that it will gradually squeeze the household budget. Hiroko Ishikura Hiroko Ikura Financial Planner (1st grade finance planning technician, CFP certified person). From my own experience and belief that ignoring money is a risk, I got an FP qualification during the child care period. I am writing an article with the aim of feeling the importance of "money culture" in real life and conveying it in an easy -to -understand manner from the perspective of consumers.