In July, consumer prices dropped 1.3% over the previous month, which contrasted the 0.4% price increase tallied in June. The monthly decline was mostly the result of lower prices for food and non-alcoholic beverages (-2.6% month-on-month) amid a sharp drop in vegetable prices. Seasonal factors usually prompt consumer prices to drop in July over the previous month. However, the print was well below the 0.2% price drop observed in same month last year, pushing annual inflation down from 11.9% in June to 10.6% in July. Meanwhile, core inflation, which excludes volatile items such as food and energy, maintained its upward trend by rising from 8.3% in June to 8.6% in July. The government anticipates inflation to moderate to 8.9% by the end of year and to drop further to 7.9% next year.
Inflation descends sharply in July
August 5, 2011
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Ukraine Economic News
October 26, 2016
Industrial production in Ukraine lost steam in September.
October 10, 2016
In September, consumer prices rose 1.8% from the previous month, which contrasted August’s 0.3% decrease.
September 26, 2016
Industrial production returned to growth in August, after contracting in July.
September 21, 2016
Ukraine’s recovery gained steam in the second quarter, as the country heals from a deep recession.
September 16, 2016
In August, consumer prices fell 0.3% over the previous month, which followed July’s 0.1% decrease.