Ukraine Inflation


Consumer prices decline at slower pace in October

In October, consumer prices increased 0.4% over the previous month, which followed the flat reading registered in September. The result mainly reflected an increase in prices for food and non-alcoholic beverages as well as for alcoholic beverages and tobacco.

On a year-on-year basis, consumer prices dropped 0.1% in October, up from the 0.5% contraction tallied in September. Meanwhile, annual average inflation inched down from September's minus 0.3% to minus 0.4% in October.

FocusEconomics Consensus Forecast panelists expect inflation to end the year at 2.1%, which is down 1.1 percentage points from last month's forecast. For next year, the panel sees inflation rising to 5.4%, which is down 0.2 percentage points from last month's estimate.


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Ukraine Inflation Chart

Ukraine Inflation October 2013

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: State Statistics Service of Ukraine.

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