Ukraine Inflation September 2021

Ukraine

Ukraine: Inflation comes in at highest level since May 2018 in September

October 9, 2021

Consumer prices rose 0.73% over the previous month in September, picking up from August's flat reading. The acceleration in price pressures was primarily due to rebounding prices for food and non-alcoholic beverages. In addition, price pressures for alcoholic beverages and tobacco rose at a faster pace.

Inflation increased to 11.0% in September, above August’s 10.2%. September's result was the highest inflation rate since May 2018. Annual average inflation rose to 7.7% in September (August: 7.0%), while core inflation rose to 7.4% in September, from August’s 7.2%.

FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 9.2%, which is up 0.2 percentage points from last month’s forecast. For 2022, the panel sees year-end inflation at 6.1%.


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Ukraine Inflation September 2021

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


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