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Ukraine Inflation November 2020

Ukraine: Inflation hits highest level since December 2019 in November

Consumer prices increased 1.30% from the previous month in November, accelerating from the 1.00% increase logged in October. November’s result was the sharpest increase in prices since November 2018. The pick-up was broad-based, with greater price pressures recorded for food and non-alcoholic beverages, alcoholic beverages and tobacco, and transportation. In addition, prices for housing, water, electricity, gas and other fuels also gained steam.

Inflation came in at 3.8% in November, up from October’s 2.6%. November’s figure represented the highest inflation rate since December 2019. Annual average inflation fell to 2.7% in November (October: 2.8%). Core inflation rose to 3.9% from October’s 3.2%.

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