Ukraine Inflation February 2018

Ukraine

Ukraine: Inflation inches down in February

March 15, 2018

In February, consumer prices rose 0.9% from the previous month, which was below January’s 1.5% increase. February’s result was chiefly due to softer price pressures from transport, food and non-alcoholic beverages.

Inflation inched down from January’s 14.1% to 14.0% in February. Inflation has been stubbornly high in recent months due to strong consumer spending as well as rising prices for food and energy. Annual average inflation was unchanged at January’s 14.6% in February.

FocusEconomics Consensus Forecast panelists expect inflation to end 2018 at 9.5%, which is unchanged from last month’s forecast. For 2019, the panel sees inflation easing to 7.9%.


Author: Angela Bouzanis, Lead Economist

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Ukraine Inflation Chart


Ukraine Inflation February 2018

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


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