Ukraine Inflation


Consumer prices fall for third consecutive month

In July, consumer prices dropped 0.2% over the previous month, which was a notch above the 0.3% fall seen in June and represented, in fact, the third consecutive monthly decline. The decrease was mostly the result of lower prices for food and non-alcoholic beverages as well as for clothing and footwear. As a result, consumer prices were down 0.1% over the same month last year, following the 1.2% drop observed in June, which had marked the lowest reading on record. The Central Bank anticipates that inflation will not exceed 5.0% this year.


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Ukraine Inflation Chart

Ukraine Inflation July 2012

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: State Statistics Service of Ukraine.

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