Consumer prices in Ukraine jumped 6.1 percent year-on-year in January 2021, above the medium-term inflation target of 5 percent, reached in the previous month. It was the highest inflation rate since October of 2019, driven by prices of food and beverages (5.9 percent vs 4.9 percent in December); housing and utilities (18.4 percent vs 13.6 percent); transports (4.4 percent vs 2.7 percent); communications (4.3 percent vs 4.1 percent) and healthcare (8.2 percent vs 7.7 percent). Meanwhile, prices fell at a slower rate for clothing and footwear (-5.7 percent vs -7.3 percent). On a monthly basis, consumer prices rose 1.3 percent, following a 0.9 percent increase in December 2020. source: State Statistics Service Of Ukraine

Inflation Rate in Ukraine averaged 31.57 percent from 1995 until 2021, reaching an all time high of 530.30 percent in September of 1995 and a record low of -1.20 percent in June of 2012. This page provides the latest reported value for - Ukraine Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ukraine Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Inflation Rate in Ukraine is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Ukraine to stand at 3.50 in 12 months time. In the long-term, the Ukraine Inflation Rate is projected to trend around 5.00 percent in 2022, according to our econometric models.

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Ukraine Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.10 5.00 530.30 -1.20 1995 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-09 02:30 PM Oct 2.6% 2.3% 2.6% 2.6%
2020-12-09 02:30 PM Nov 3.8% 2.6% 3.4% 3%
2021-01-11 01:30 PM Dec 5% 3.8% 5% 4.7%
2021-02-09 01:30 PM Jan 6.1% 5% 6.1% 6%
2021-03-09 02:30 PM Feb 6.1%
2021-04-09 01:30 PM Mar
2021-05-07 01:30 PM Apr
2021-06-09 01:30 PM May
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Ukraine Inflation Rate At 15-Month High
Consumer prices in Ukraine jumped 6.1 percent year-on-year in January 2021, above the medium-term inflation target of 5 percent, reached in the previous month. It was the highest inflation rate since October of 2019, driven by prices of food and beverages (5.9 percent vs 4.9 percent in December); housing and utilities (18.4 percent vs 13.6 percent); transports (4.4 percent vs 2.7 percent); communications (4.3 percent vs 4.1 percent) and healthcare (8.2 percent vs 7.7 percent). Meanwhile, prices fell at a slower rate for clothing and footwear (-5.7 percent vs -7.3 percent). On a monthly basis, consumer prices rose 1.3 percent, following a 0.9 percent increase in December 2020.
2021-02-09
Ukraine Inflation Rate Hits 11-Month High
Ukraine's annual inflation rate jumped to 3.8 percent in November 2020, the highest since December 2019 and above market expectations of 3.4 percent. Upward pressure came from housing, water, electricity, gas and other fuels (10.8 percent vs 5.5 percent in October), transport (1.1 percent vs -0.1 percent), food and non-alcoholic beverages (3.2 percent vs 1.6 percent), and miscellaneous goods and services (5.0 percent vs 3.9 percent). Meanwhile, restaurants and hotels inflation slowed (3.7 percent vs 4.2 percent), while clothing and footwear prices continued to fall (-6.1 percent vs -5.1 percent). On a monthly basis, consumer prices increased 1.3 percent, also beating consensus of 0.9 percent.
2020-12-09
Ukraine Inflation Rate Hits 9-Month High
Ukraine's annual inflation rate rose to 2.6 percent in October 2020, the highest since January and in line with market expectations. Upward pressure came from housing, water, electricity, gas and other fuels (5.5 percent), restaurants and hotels (4.2 percent), food and non-alcoholic beverages (1.6 percent), and miscellaneous goods and services (3.9 percent). Meanwhile, transport cost edged down 0.1 percent and clothing and footwear prices dropped 5.1 percent. On a monthly basis, consumer prices increased 1.0 percent, also matching consensus.
2020-11-09
Ukraine Inflation Rate at 4-Month High
The annual inflation rate in Ukraine rose to 2.4 percent in June of 2020 from 1.7 percent in the previous month, above market expectations of 2.1 percent. It is the highest rate since February, as food inflation surged to a six-month high of 4.2 percent from 2.7 percent in May. Also, cost fell less for both housing & utilities (-12.2 percent vs -13.1 percent) and transport (-5.8 percent vs -6.6 percent). On a monthly basis, consumer prices went up 0.2 percent, following a 0.3 percent gain and in line with market consensus.
2020-07-09

Ukraine Inflation Rate
In Ukraine, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.