Ukraine Inflation December 2019

Ukraine

Ukraine: Inflation falls to over five-year low in December

January 9, 2020

Consumer prices decreased 0.2% month-on-month in December, contrasting November’s 0.1% increase. According to the Statistical Institute, falling prices for clothing, and housing and utilities drove the monthly decline.

Inflation dropped to 4.1% in December, from 5.1% in November and marked the lowest reading since March 2014. Accordingly, inflation fell below the Central Bank’s medium-term 5.0% target quicker than expected. Meanwhile, annual average inflation declined from November’s 8.4% to 7.9%.

FocusEconomics Consensus Forecast panelists are still assessing the latest developments in consumer prices.


Author:, Economist

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Ukraine Inflation Chart


Ukraine Inflation December 2019

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


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