In April, consumer prices remained flat over the previous month, which came in below the 0.3% increase recorded in March. The subdued print mainly reflected unchanged food prices as well as lower costs for housing, water, electricity, gas and other fuels. Owing to the monthly reading, annual headline inflation dropped for the tenth month in a row, falling from 1.9% in March to 0.6% in April. The reading came in below market expectations that had annual inflation at 1.0% and represents the lowest rate recorded since December 2002. The Central Bank anticipates that inflation will not exceed 5.0% this year.
Inflation falls for tenth month in a row to lowest level in nearly a decade
May 7, 2012
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Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: State Statistics Service of Ukraine.
Ukraine Economic News
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.
September 15, 2016
Stabilizing inflationary pressures in Ukraine’s tattered economy prompted the National Bank of Ukraine (NBU) to decide to cut the key policy rate from 15.50% to 15.00% at its 15 September monetary policy meeting.