Ukraine Inflation June 2021


Ukraine: Inflation remains steady in June

July 9, 2021

Consumer prices increased 0.22% from the previous month in June, moderating from the 1.28% increase seen in May. June's result marked the softest rise in prices since August 2020. The moderation was primarily due to plunging prices for food and non-alcoholic beverages. In addition, prices for housing, water, electricity, gas and other fuels grew at a more subdued pace.

Inflation came in at 9.5% in June, unchanged from May’s result. Meanwhile, annual average inflation rose to 5.7% in June (May: 5.1%). Lastly, core inflation rose to 7.3% in June, from the previous month's 6.9% reading.

FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 7.9%, which is unchanged from last month’s forecast. For 2022, the panel sees year-end inflation at 5.6%.


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Ukraine Inflation Chart

Ukraine Inflation June 2021

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

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