In December, consumer prices rose 0.2% over the previous month, which came in above the 0.1% increase recorded in November, but well below the 0.8% rise seen in December last year. As a result, annual headline inflation dropped for the sixth month in a row to 4.6% (November: 5.2%), which represents the lowest end-of-year rate since 2002. The subdued monthly price increase was the result of moderate price increases across the board, with the highest reading coming from the miscellaneous goods and services category (+1.0% month-on-month). Meanwhile, core inflation, which excludes volatile items such as food and energy, rose 0.2% over the previous month, prompting annual core inflation to fall to 6.9%. The government projects inflation to end this year at 7.9%.
Year-end inflation falls to its lowest level since 2002
January 10, 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.