The annual inflation rate in Ukraine jumped to 8.5 percent in March of 2021 from 7.5 percent in the previous month, above market expectations of 8 percent mostly due to higher prices on the global commodity markets, such as energy and food prices. It was the highest inflation rate since August 2019 and exceeded the central bank’s forecast of 7.6 percent despite the central bank raised its benchmark interest rate to 6.5 percent from 6 percent during its March meeting. source: State Statistics Service Of Ukraine

Inflation Rate in Ukraine averaged 31.42 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 May of 2021.

Inflation Rate in Ukraine is expected to be 7.70 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 5.10 percent in 2022 and 5.00 percent in 2023, according to our econometric models.

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Ukraine Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.50 7.50 530.30 -1.20 1995 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
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 02:00 PM Feb 7.5% 6.1% 7.2% 7.2%
2021-04-09 12:00 PM Mar 8.5% 7.5% 8% 7.7%
2021-05-07 01:30 PM Apr 8.5% 8.6% 9.2%
2021-06-09 01:30 PM May
2021-07-09 01:30 PM Jun
2021-08-09 01:30 PM Jul
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Ukraine Inflation Rate Jumps to 1-1/2-Year High of 8.5%
The annual inflation rate in Ukraine jumped to 8.5 percent in March of 2021 from 7.5 percent in the previous month, above market expectations of 8 percent mostly due to higher prices on the global commodity markets, such as energy and food prices. It was the highest inflation rate since August 2019 and exceeded the central bank’s forecast of 7.6 percent despite the central bank raised its benchmark interest rate to 6.5 percent from 6 percent during its March meeting.
2021-04-09
Ukraine Inflation Rate Hits 17-Month High
The annual inflation rate in Ukraine surged 7.5 percent in February of 2021, following a 6.1 percent jump in the previous month, above market expectations of 7.2 percent and well above the central bank’s medium-term inflation target of 5 percent. It was the highest inflation rate since September of 2019, driven by prices of food and beverages (8.5 percent vs 5.9 percent in January); housing and utilities (18.6 percent vs 18.4 percent); transports (6.0 percent vs 4.4 percent); healthcare (8.2 percent, the same as in January); and communications (4.2 percent vs 4.3 percent). Meanwhile, prices fell at a slower rate for clothing and footwear (-4.9 percent vs -5.7 percent). On a monthly basis, consumer prices rose 1 percent, following a 1.3 percent increase in the prior month.
2021-03-09
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
In Ukraine, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.