Ukraine: Inflation edges up in January
February 9, 2017
In January, consumer prices rose 1.1% from the previous month, after December’s 0.9% increase. December’s reading had marked a four-month low. The rise was due to higher prices for transportation and food and beverages.
Inflation edged up from December’s 12.4% to 12.6% in January—a 10-month high. Although price pressures have picked up recently due to adjustments in gas prices, inflation remains significantly lower than January 2016’s 40.3%. Annual average inflation continued to ease, falling from 14.9% in December to 12.6% in January, the lowest result since December 2014.