Inflation in Ukraine
Ukraine - Inflation
Inflation remains steady in August
Consumer prices fell 0.22% from the previous month in August, contrasting July's 0.09% rise. August's result marked the weakest print since July 2020. The reading was driven by falling prices for food and non-alcoholic beverages and easing price pressures for transportation.
Meanwhile, inflation was stable at July's 10.2% in August. Annual average inflation rose to 7.0% in August (July: 6.3%). Lastly, core inflation fell to 7.2% in August, from July’s 7.3%.
FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 9.2%, which is up 0.2 percentage points from last month’s forecast. For 2022, the panel sees year-end inflation at 6.1%.
Ukraine - Inflation Data
|Inflation Rate (CPI, annual variation in %)||48.5||14.9||14.5||11.0||7.9|
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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September 22, 2021
Industrial output grew 0.6% year-on-year in August (July: +0.2% yoy).
September 21, 2021
A second national accounts release confirmed that the economy bounced back in the second quarter, expanding 5.4% year-on-year and contrasting the 2.2% contraction logged in the first quarter.
September 9, 2021
Consumer prices fell 0.22% from the previous month in August, contrasting July's 0.09% rise.
September 9, 2021
At its 9 September meeting, the National Bank of Ukraine (NBU) raised its key policy rate by 50 basis points to 8.50%, as expected by some market analysts after the Bank implied at its previous meeting that it would raise rates again before year-end.
August 30, 2021
Industrial output grew 0.2% compared to the same month of the previous year in July, moderating from June's 1.1% increase.