Ukraine: Inflation edges up in December
January 5, 2017
In December, consumer prices in Ukraine rose 0.9% from the previous month, after November’s 1.8% increase. December’s reading marked a four-month low.
Inflation edged up from November’s 12.1% to end the year at 12.4%. Although price pressures have picked up recently due to adjustments in gas prices, inflation remains significantly lower than 2015’s year-end result of 43.3%. Annual average inflation continued to ease, falling from 17.5% in November to 14.9% in December, the lowest result since January 2015.