Ukraine: Inflation rises in October
November 9, 2018
Consumer prices rose 1.7% month-on-month in October, down slightly from September’s 1.9% increase. According to the State Statistics Service of Ukraine, the result was largely driven by higher prices for communication, transport, and clothing and footwear.
Inflation accelerated to 9.5% in October, a fourth-month high (September: 8.9%). Meanwhile, annual average inflation continued to fall in October, coming in at a 17-month low of 11.6% (September: 12.1%).
Author: Almanas Stanapedis, Research Team Manager