Annual inflation rate in Ukraine edged up to 8.8% in April of 2019 from 8.6% in the previous month and against market expectations of 8.5%, as prices rose faster for food & non-alcoholic beverages (7.4% vs 7.0% in March) and for transport (8.1% vs 7.3%). On the other hand, housing & utilities inflation was steady (at 13.2%) while cost went up at a softer pace for furniture & household equipment (3.9% vs 4.1%); clothing & footwear (1.8% vs 2.0%); restaurants & hotels (11.4% vs 11.8%); recreation & culture (2.9% vs 3.1%); alcoholic beverages & tobacco (17.0% vs 17.3%); communication (17.3% vs 17.5%) and miscellaneous goods & services (9.3% vs 9.8%). On a monthly basis, consumer prices went up 1%, following a 0.9% gain in March. Inflation Rate in Ukraine averaged 33.51 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 7.60 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 6.00 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.