Ukraine Inflation July 2020


Ukraine: Inflation steady in July

August 10, 2020

Consumer prices fell 0.60% in July over the last month, swinging from the 0.20% rise recorded in June. July's result marked the sharpest fall in prices since July 2019. The drop was primarily driven by a steep decline in prices for food and non-alcoholic beverages.

Inflation held steady at June's 2.4% in July, while annual average inflation came in at 4.0%, down from 4.6% in June. Meanwhile, core consumer prices were unchanged over the same month last year, matching June's result.

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


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Ukraine Inflation Chart

Ukraine Inflation July 20 20

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

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