Ukraine: Inflation comes in at highest level since May 2018 in July
Consumer prices increased 0.09% from the previous month in July, moderating from June’s 0.22% rise. July’s result marked the softest rise in prices since August 2020. Looking at the details of the release, prices for food and non-alcoholic beverages were largely unchanged in July. In contrast, prices for housing and transport gained pace.
Inflation increased to 10.2% in July, following June’s 9.5% and marked the highest inflation rate since May 2018. Meanwhile, the trend pointed up, with annual average inflation coming in at 6.3% in July (June: 5.7%). Core inflation was unchanged, coming in at June’s 7.3% in July.