In February, consumer prices added 0.2% over the previous month, which mirrored the readings observed in the previous two months. Owing to the subdued price rise, annual headline inflation fell from 3.7% in January to 3.0%, which marked its lowest level since February 2003. As in the previous months, the subdued monthly price climb reflected moderate increases in food and transport prices along with a decrease in prices for clothing and footwear. The core inflation index, which excludes volatile items such as food and energy, added only 0.1% over the previous month, prompting annual core inflation to fall further from 6.6% in January to 6.1% in February. The Central Bank expects inflation to end the year at around 7.0%.
Inflation falls further to lowest since 2003
March 6, 2012
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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.