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
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | -0.3 | 12.1 | 48.5 | 14.9 | 14.5 |
Ukraine Inflation Chart
Source: State Statistics Committee of Ukraine (Ukrstat).
Ukraine Facts
| Value | Change | Date | |
|---|---|---|---|
| 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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Economic News
Ukraine: Inflation falls to over three-year low in September
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.
Ukraine: Industrial output plunges in August
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.
Ukraine: Second estimate confirms growth soared to two-and-a-half-year high in Q2
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.
Ukraine: Inflation falls in August
September 11, 2019
Consumer prices fell 0.3% month-on-month in August, which followed July’s 0.6% decrease.
Ukraine: NBU chops the key policy rate again in September
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%.
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