Ukraine Inflation June 2017

Ukraine

Ukraine: Inflation rises in June

July 13, 2017

In June, consumer prices rose 1.6% from the previous month, which was above May’s 1.3% increase. June’s reading was primarily driven by higher prices for food and non-alcoholic beverages.

Inflation rose from May’s 13.5% to 15.6% in June, a three-month high. Annual average inflation followed suit, rising from 11.3% in May to 12.0% in June.

FocusEconomics Consensus Forecast panelists expect inflation to end 2017 at 9.8%, which is unchanged from last month’s forecast. For 2018, the panel sees inflation easing to 7.4%.


Author: Angela Bouzanis, Senior Economist

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Ukraine Inflation Chart


Ukraine Inflation June 2017

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


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