Ukraine: Inflation eases to six-month low in September
October 7, 2015
Consumer prices rose 2.3% in September over the previous month, which contrasted August’s 0.8% drop. Inflation continued to fall in September, marking the fifth consecutive month of moderation, which has interrupted the surging upward trend that was in place for over a year. Inflation fell from August’s 52.8% to 51.9% in September, which marked a six-month low.
Despite the moderation, inflation remains at historically high levels since skyrocketing at the onset of the military conflict in Eastern Ukraine. Annual average variation in consumer prices continued to rise in September, increasing from 39.8% in August to 42.7%, which marked the highest level on record.