In February, consumer prices added 0.9% over the previous month, which came in a notch below January's 1.0% rise. The price increase was also nearly half the 1.9% increase observed in the same month last year, driving annual inflation down a full percentage point to 7.2%, which was broadly in line with market expectations. The monthly price hike was mostly due to higher prices for housing, water, electricity, gas and other fuels, as the government increased electricity tariffs by 30%. In contrast, food inflation slowed from December. Nevertheless, the core inflation index, which excludes volatile items such as food and fuel, added 0.6% month-on-month, driving the year-on-year core rate to 7.2% (December: 7.4% yoy). The government has set an inflation target of 8.9% for this year.
Inflation maintains downward trend
March 9, 2011
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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.