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Ukraine Inflation March 2020

Ukraine: Inflation falls to over six-year low in March

Consumer prices rose 0.8% month-on-month in March, following February’s 0.3% fall. Higher prices for food, clothing and footwear, and health were largely behind the upturn.

Inflation inched down to 2.3% in March (February: 2.4%), marking the lowest reading since February 2014. Accordingly, inflation fell further below the Central Bank’s medium-term 5.0% target. Meanwhile, annual average inflation declined to 6.4% from February’s 6.9%.

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