The annual inflation rate in Ukraine fell to 9.0 percent in June of 2019 from May’s five month-high of 9.6 percent. Cost slowed for food and non-alcoholic beverages (8.5 percent vs 9.2 percent in May); transport (8.7 percent vs 9.0 percent); restaurants and hotels (11.6 percent vs 11.7 percent) and miscellaneous goods and services (10.1 percent vs 10.2 percent). On a monthly basis, consumer prices decreased 0.5 percent, down from a 0.7 percent gain in May. Inflation Rate in Ukraine averaged 33.34 percent from 1995 until 2019, 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.
Inflation Rate in Ukraine is expected to be 8.90 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 5.50 in 12 months time. In the long-term, the Ukraine Inflation Rate is projected to trend around 5.20 percent in 2020, according to our econometric models.