Ukraine Inflation November 2019

Ukraine

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

December 12, 2019

Consumer prices rose 0.1% month-on-month in November, easing from October’s 0.7% increase. According to the Statistical Institute, falling prices for food, clothing and footwear, and communication drove the monthly result, as they slightly offset higher prices for housing and utilities.

Inflation fell to 5.1% in November, from 6.5% in October and marking the lowest reading since March 2014. Accordingly, inflation neared the Central Bank’s medium-term 5.0% target quicker than expected. Meanwhile, annual average inflation dropped from October’s 8.8% to 8.4%.

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


Author:, Economist

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Ukraine Inflation Chart


Ukraine Inflation November 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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