Inflation Rate in Ukraine increased to 26.60 percent in December from 26.50 percent in November of 2022. source: State Statistics Service Of Ukraine

Inflation Rate in Ukraine averaged 30.44 percent from 1995 until 2022, 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 January of 2023.

Inflation Rate in Ukraine is expected to be 27.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ukraine Inflation Rate is projected to trend around 11.00 percent in 2024 and 5.00 percent in 2025, according to our econometric models.

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Ukraine Inflation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-12-09 01:10 PM Nov 26.5% 26.6% 27%
2023-01-10 02:30 PM Dec 26.6% 26.5% 26.2%
2023-02-09 01:30 PM Jan 26.6% 26.2%

Related Last Previous Unit Reference
Inflation Rate 26.60 26.50 percent Dec 2022
Consumer Price Index CPI 415.90 413.00 points Dec 2022
Core Inflation Rate 22.60 22.10 percent Dec 2022
Core Consumer Prices 122.60 122.10 points Dec 2022
Inflation Rate MoM 0.70 0.70 percent Dec 2022
CPI Transportation 101.50 101.70 points Dec 2022
Food Inflation 34.40 35.10 percent Dec 2022
Import Prices 128.00 124.70 points Nov 2022
Export Prices 92.80 98.20 points Nov 2022
Producer Prices Change 53.31 68.78 percent Feb 2022
Producer Prices 677.80 692.00 points Feb 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
26.60 26.50 530.30 -1.20 1995 - 2022 percent Monthly

News Stream
Ukrainian Inflation Slows Slightly in November
The annual inflation rate in Ukraine was at 26.5 percent in November of 2022, easing slightly from the over-six-year high of 26.6 percent in the prior month and halting nine consecutive months of accelerating consumer prices. While remaining high, consumer costs eased for transportation (40.4 percent vs 41.1 percent in October) and food and non-alcoholic beverages (35.1 percent vs 35.7 percent). On the other hand, inflation rose further for furnishings and household maintenance (26.4 percent vs 25.7 percent) and restaurants and hotels (21.8 percent vs 20.1 percent). On a monthly basis, consumer prices edged 0.7 percent higher, slowing from the 2.5 percent jump in the earlier month.
Ukraine Inflation Rate Hits Fresh 6-1/2-Year High
The annual inflation rate in Ukraine soared for the ninth straight month to 26.6% in October of 2022 from 24.6% in the previous month. It was the highest rate since February of 2016, amid a further acceleration in prices of goods and services, primarily transportation (41.1% vs 40.7% in September) and food & non-alcoholic beverages (35.7% vs 31.7%). Upward pressure also came from other CPI items such as furnishings & household equipment (25.7% vs 24.4%); alcoholic beverages & tobacco (21.6% vs 21.2%); restaurants & hotels (20.2% vs 19.2%) and recreation & culture (16.5% vs 15.5%). On a monthly basis, consumer prices rose by 2.%, the most in five months, after a 1.9% increase in the prior month.
Ukraine Inflation Rate Accelerates More than Expected
The annual inflation rate in Ukraine accelerated to 24.6 percent in September of 2022 from 23.8 percent in the previous month, the highest since February of 2016 and above the central bank’s estimate of 24.4 percent. Prices rose faster for food and non-alcoholic beverages (31.7 percent vs 30.7 percent in August), transportation (41.1 percent vs 40.4 percent), household items and furnishings (24.4 percent vs 21.6 percent) and restaurants and hotels (19.2 percent vs 17.2 percent). On a monthly basis, consumer prices rose 1.9 percent, following a 1.1 percent increase in August.