Inflation in Ukraine
Ukraine - Inflation
Inflation falls to six-year low in February
Consumer prices fell 0.3% month-on-month in February, contrasting January’s 0.2% increase. Lower prices for energy, raw food and goods were largely behind the drop in consumer prices.
Inflation fell from 3.2% in January to 2.4% in February, marking the lowest reading since February 2014. Accordingly, inflation fell further below the Central Bank’s medium-term 5.0% target. Meanwhile, annual average inflation declined to 6.9% from January’s 7.4%.
The Central Bank sees inflation ending 2020 at 4.8% and 2021 at 5.0%. expect inflation to end 2020 at 5.1%, which is down 0.2 percentage points from last month’s forecast. For 2021, the panel sees year-end inflation easing to 5.0%.
Ukraine - Inflation Data
|Inflation Rate (CPI, annual variation in %)||12.1||48.5||14.9||14.5||11.0|
5 years of economic forecasts for more than 30 economic indicators.
Ukraine Inflation Chart
Source: State Statistics Committee of Ukraine (Ukrstat).
|Bond Yield||19.00||0.0 %||Jul 27|
|Exchange Rate||23.70||0.30 %||Jan 01|
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April 3, 2020
After months of foot-dragging, on 30–31 March the government successfully fast-tracked both the banking law and the land reform through Parliament.
March 23, 2020
Industrial production fell 1.5% over the same month last year in February, after a 5.1% drop in January and marking the fifth consecutive month of contraction in industrial sector output.
March 20, 2020
GDP growth fell to 1.5% year-on-year (yoy) in the fourth quarter of last year (Q3: +4.1% yoy), marking the weakest expansion since Q1 2016, according to a preliminary estimate by Ukraine’s Statistical Institute.
March 12, 2020
At its 10 March, the National Bank of Ukraine (NBU) decided to cut the key policy rate to 10.00% from 11.00%, marking the sixth consecutive cut.
March 12, 2020
Consumer prices fell 0.3% month-on-month in February, contrasting January’s 0.2% increase.