Ukraine: Inflation moderates in October
November 9, 2021
Consumer prices dropped 0.09% over the previous month in October, contrasting the 0.73% increase recorded in September. October's result marked the weakest reading since April. Looking at the details of the release, prices for housing, water, electricity, gas and other fuels dropped in October. In contrast, prices for alcoholic beverages and tobacco grew.
Inflation ticked down to 10.9% in October, following September’s 11.0%. Meanwhile, the trend pointed up, with annual average inflation coming in at 8.4% in October (September: 7.7%). Lastly, core inflation ticked up to 7.6% in October, from September’s 7.4%.