In January, consumer prices added 0.2% over the previous month, which followed on an increase of the same magnitude in December. In addition, the reading came in well below the 1.0% rise recorded in the same last year, which drove annual headline inflation down from 4.6% in December to 3.7%, its lowest level since April 2003. The subdued monthly price rise was the result of a moderate increase in food prices along with a decrease in prices for clothing and footwear. Meanwhile, core inflation, which excludes volatile items such as food and energy, was flat over the previous month, prompting annual core inflation to fall from 6.9% in December to 6.6% in January. The Central Bank expects inflation to end this year at around 7.0%.
Inflation falls to lowest level since 2003
February 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.