Inflation in Ukraine
Ukraine - Inflation
Inflation falls to over three-year low in September
Consumer prices rose 0.7% month-on-month in September, which contrasted August’s 0.3% decrease and marked the sharpest rise since May. According to the Statistical Institute, rising prices for food and non-alcoholic beverages; and clothing and footwear were chiefly behind the upturn.
Inflation fell to 7.5% in September, from 8.8% in August and marking the lowest reading since June 2016. Accordingly, inflation fell into the Central Bank’s 6.5% plus or minus 2.0 percentage points target range for the first time this year. Meanwhile, annual average inflation inched down from August’s 9.2% to 9.1%.
FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 7.4%, which is unchanged from last month’s forecast. For 2020, the panel sees year-end inflation easing to 6.5%.
Ukraine - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.3||12.1||48.5||14.9||14.5|
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||25.27||0.30 %||Sep 04|
|Stock Market||528||0.21 %||Sep 03|
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October 14, 2019
Consumer prices rose 0.7% month-on-month in September, which contrasted August’s 0.3% decrease and marked the sharpest rise since May.
September 26, 2019
Industrial production contracted 1.7% over the same month last year in August, a larger drop than July’s 0.2% decrease.
September 19, 2019
GDP growth jumped to 4.6% year-on-year in the second quarter, according to a second estimate released by Ukraine’s Statistical Institute on 19 September.
September 11, 2019
Consumer prices fell 0.3% month-on-month in August, which followed July’s 0.6% decrease.
September 5, 2019
At its 5 September meeting, the National Bank of Ukraine (NBU) decided to cut the key policy rate to 16.50%, from 17.00%.