Ukraine Inflation June 2020

Ukraine

Ukraine: Inflation rises in June

July 13, 2020

Consumer prices rose 0.20% in June over the previous month, coming in below May's 0.30% rise. June's result marked the softest rise in prices since February. The slowdown was primarily due to softer growth in prices for food and non-alcoholic beverages.

Inflation rose to 2.4% in June, above May’s 1.7%. June's reading represented the highest inflation rate since February. Annual average inflation fell to 4.6% in June (May: 5.2%). Meanwhile, core consumer prices were unchanged over the same month last year after falling 0.1% in May.

FocusEconomics Consensus Forecast panelists expect inflation to end 2020 at 5.0% and 2021 at 4.7%.


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