Inflation in Ukraine
Ukraine - Inflation
Inflation eases in June
Consumer prices fell 0.5% month-on-month in June, contrasting May’s 0.7% rise. According to the Statistical Institute, falling prices for food and non-alcoholic beverages; clothing and footwear; and housing, water, electricity, gas and other fuels were chiefly behind the drop.
Inflation fell from May’s five-month high 9.6% to 9.0% in June. However, it still lies above the Central Bank’s 6.5% plus or minus 2.0 percentage points target range. Meanwhile, annual average inflation inched down to 9.2% from May’s 9.3%.
FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 7.6%, which is up 0.1 percentage points from last month’s forecast. For 2020, the panel sees year-end inflation easing to 6.6%.
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||25.12||0.30 %||Jul 31|
|Stock Market||541||0.21 %||Jul 31|
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July 26, 2019
New President Volodymyr Zelensky’s Servant of the People party came away with a resounding victory in the 21 July snap elections, winning 43% of the vote and 254 out of 424 seats in the Rada.
July 19, 2019
Industrial production contracted 2.3% over the same month last year in June, which contrasted May’s 1.6% expansion and marked a four-month low.
July 18, 2019
At its 18 July meeting, the National Bank of Ukraine (NBU) decided to chop the key policy rate to 17.00%, from 17.50%.
July 11, 2019
Consumer prices fell 0.5% month-on-month in June, contrasting May’s 0.7% rise.
July 1, 2019
Ukrainians will head to the polls for parliamentary elections on 21 July, in an early vote brought forward by new President and political novice Volodymyr Zelensky.