Ukraine Inflation September 2018


Ukraine: Inflation stays near 22-month low in August

September 10, 2018

Consumer prices were flat month-on-month in August, following a 0.7% mom contraction in July. August’s result marked the third time prices remained unchanged from the previous month so far this year. According to the State Statistics Service, lower prices for clothing and footwear, and food offset higher prices for housing and utilities, and alcoholic beverages and tobacco.

Inflation ticked up to 9.0% in August, from July’s near two-year low of 8.9%. Meanwhile, annual average inflation fell from 13.3% in July to 12.7% in August—a 13-month low.

FocusEconomics Consensus Forecast panelists expect inflation to end 2018 at 9.3%. For 2019, the panel sees year-end inflation easing to 7.2%, which is unchanged from last month’s forecast.

Author:, Research Team Manager

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Ukraine Inflation Chart

Ukraine Inflation August 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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