He stated this at an extraordinary government meeting on Friday, according to an Ukrinform correspondent.
"We have found a compromise approach. The price for gas on November 1 will increase by a mere 23.5% [compared to the current price]. This is what we have managed to achieve as a result of negotiations [with the IMF]," Groysman said.
He stressed that every Ukrainian family in need of support would receive a subsidy.
"I understand that this is a blow to every Ukrainian family, but we started with the fact that we were holding negotiations on a 60% increase in prices compared to the current price," Groysman added.
It was reported earlier that heat prices would increase within a month after gas prices are raised.
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