Inflation in Ukraine
Ukraine - Inflation (end of period)
Inflation falls to new over three-year low in October
Consumer prices rose 0.7% month-on-month in October, which matched September’s increase. According to the Statistical Institute, prices for food and non-alcoholic beverages rose at a faster rate in October; however, were largely balanced out by a sharper fall in prices for transport and housing, water, electricity, gas and other fuels.
Inflation fell to 6.5% in October, from 7.5% in September and marking the lowest reading since June 2016. Accordingly, inflation is at the Central Bank’s 6.5% target. Meanwhile, annual average inflation dropped from September’s 9.1% to 8.8%.
FocusEconomics Consensus Forecast panelists expect inflation to end 2020 at 6.3%, which is unchanged unchanged from last month’s forecast. For 2021, the panel sees year-end inflation easing to 5.8%.
Ukraine - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||0.5||24.9||43.3||12.4||13.7|
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||25.27||0.30 %||Sep 04|
|Stock Market||528||0.21 %||Sep 03|
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November 11, 2019
Consumer prices rose 0.7% month-on-month in October, which matched September’s increase.
October 25, 2019
Industrial production contracted 1.1% over the same month last year in September, which marked the third fall in four months although was a softer drop than August’s 1.7% decrease.
October 24, 2019
At its 24 October meeting, the National Bank of Ukraine (NBU) decided to cut the key policy rate to 15.50%, from 16.50%.
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.