The motherland monument in Ukraine

Ukraine Inflation January 2021

Ukraine: Inflation hits highest level since October 2019

Consumer prices rose 1.31% over the previous month in January, quickening from the 0.91% increase logged in December 2020. January’s reading was largely driven by a marked acceleration in prices for housing and utilities, as well as a rise in price pressures for transport.

Inflation rose to 6.1% in January from 5.0% in December, the highest reading since October 2019 and landing just above the upper bound of the Central Bank’s target range of 4.0%-6.0%. Annual average inflation rose to 3.0% from the prior month’s 2.7%. Lastly, core inflation jumped to 5.0% (December: 4.5%).

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest