In May, consumer prices rose 0.8% over the previous month, which was well below the 1.3% price increase tallied in April and in line with market expectations. Nevertheless, the reading contrasted the unusual 0.6% price drop recorded in May last year, prompting annual inflation to jump from 9.4% in April to 11.0% in May. The slower rate of inflation was broad-based, including major categories such as food and non-alcoholic beverages as well as transportation. Consequently, the core inflation index, which excludes volatile items such as food and fuel, added 0.6% over the previous month, which pushed the year-on-year core inflation rate up to 7.8% (April: 7.3% year-on-year). The government expects inflation to moderate to 8.9% by the end of year, before dropping further next year to 7.9%.
Inflation surges again in May
June 6, 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.