Inflation in Ukraine
Ukraine - Inflation (end of period)
Inflation rises in June
Consumer prices rose 0.20% in June over the previous month, coming in below May's 0.30% rise. June's result marked the softest rise in prices since February. The slowdown was primarily due to softer growth in prices for food and non-alcoholic beverages.
Inflation rose to 2.4% in June, above May’s 1.7%. June's reading represented the highest inflation rate since February. Annual average inflation fell to 4.6% in June (May: 5.2%). Meanwhile, core consumer prices were unchanged over the same month last year after falling 0.1% in May.
FocusEconomics Consensus Forecast panelists expect inflation to end 2020 at 5.0% and 2021 at 4.7%.
Ukraine - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||43.3||12.4||13.7||9.8||4.1|
5 years of economic forecasts for more than 30 economic indicators.
Ukraine Inflation (eop) 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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July 23, 2020
At its 23 July monetary policy meeting, the National Bank of Ukraine (NBU) decided to hold the key policy rate at 6.00%, against market expectations of a 25-basis point cut.
July 13, 2020
Consumer prices rose 0.20% in June over the previous month, coming in below May's 0.30% rise.
June 26, 2020
Industrial production fell 12.2% over the same month last year in May, after a 16.2% drop in April, which had marked the worst result since May 2015.
June 19, 2020
The economy swung to contraction in the first quarter, with GDP decreasing 1.3% year-on-year (Q4 2019: +1.5% year-on-year).
June 11, 2020
At its 11 June monetary policy meeting, the National Bank of Ukraine (NBU) decided to slash the key policy rate to 6.00% from 8.00%, marking the ninth consecutive cut.