Producer Prices in Ukraine
Ukraine - Producer Prices
Inflation falls to near six-year low in January
Consumer prices rose 0.2% month-on-month in January, contrasting December’s 0.2% fall. According to the Statistical Institute, prices for housing and utilities saw the sharpest increase in the month, while prices for clothing and footwear saw the sharpest fall.
Inflation fell to 3.2%, from 4.1% in December and marked the lowest reading since February 2014. Accordingly, inflation fell further below the Central Bank’s medium-term 5.0% target. Meanwhile, annual average inflation declined to 7.4% from December’s 7.9%.
The Central Bank sees inflation ending 2020 at 4.8% and 2021 at 5.0%. expect inflation to end 2020 at 5.3%, which is down 0.4 percentage points from last month’s forecast. For 2021, the panel sees year-end inflation easing to 5.2%.
Ukraine - Producer Prices Data
|Inflation (PPI, annual variation in %)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||19.00||0.0 %||Jul 27|
|Exchange Rate||23.70||0.30 %||Jan 01|
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February 13, 2020
Consumer prices rose 0.2% month-on-month in January, contrasting December’s 0.2% fall.
January 30, 2020
At its 30 January meeting, the National Bank of Ukraine (NBU) decided to cut the key policy rate to 11.00% from 13.50%.
January 28, 2020
Industrial production plunged 7.7% over the same month last year in December, marking the worst reading since July 2015.
January 13, 2020
On 7 December, Ukraine and the IMF announced a three-year USD 5.5 billion arrangement under the Extended Fund Facility (EFF), which, if approved by the lender’s Executive Board, would represent the third support package by the Fund since the 2014 recession.
January 9, 2020
Consumer prices decreased 0.2% month-on-month in December, contrasting November’s 0.1% increase.