Ukraine Inflation October 2018

Ukraine

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%).

FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 7.9%, which is up 0.1 percentage points from last month’s forecast. For 2020, the panel sees year-end inflation easing to 6.7%.


Author:, Economist

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Ukraine Inflation Chart


Ukraine Inflation October 2018

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


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