Inflation in Ukraine

Ukraine Inflation | Economic News & Forecasts

Ukraine - Inflation

Inflation drops to three-month low in November

Consumer prices fell 0.54% over the previous month in November, following the 0.09% fall seen in October. November's result marked the weakest reading since February 2020. Looking at the details of the release, the change in the prices for food and non-alcoholic beverages was largely steady in November, while prices for alcoholic beverages and tobacco increased. Meanwhile, transportation prices increased.

Inflation came in at 10.3% in November, which was down from October’s 10.9%. November's result represented the lowest inflation rate since August. Annual average inflation rose to 8.9% in November (October: 8.4%). Finally, core inflation rose slightly to 7.7% in November, from October’s 7.6%.

FocusEconomics Consensus Forecast panelists expect inflation to average 7.2% in 2022, which is unchanged from last month’s forecast. For 2023, the panel sees year-end inflation at 5.7%.

Ukraine - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)48.5  14.9  14.5  11.0  7.9  

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Ukraine Inflation Chart

Ukraine Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: State Statistics Committee of Ukraine (Ukrstat).

Ukraine Facts

Value Change Date
Bond Yield19.000.0 %Jul 27
Exchange Rate23.700.30 %Jan 01

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