Food inflation in Ukraine fell to 1.3 percent in September of 2020 from 2.3 percent in the previous month, the lowest since February of 2014. Cost slowed for bread & cereals (7.3 percent vs 8.3 percent in August); fish (1.4 percent vs 1.9 percent); milk (5.3 percent vs 6.5 percent); oils & fats (0.4 percent vs 1.4 percent) and fruit (1.3 percent vs 33.7 percent). In addition, prices fell for meat (-2.1 percent vs -2 percent); cheese and curd (-3.1 percent vs 6.1 percent); and sugar (-5.2 percent vs -3.7 percent). source: State Statistics Service Of Ukraine
Food Inflation in Ukraine averaged 12.59 percent from 2007 until 2020, reaching an all time high of 53.70 percent in April of 2015 and a record low of -5 percent in June of 2012. This page provides the latest reported value for - Ukraine Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ukraine Food Inflation - values, historical data and charts - was last updated on October of 2020.
Food Inflation in Ukraine is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Ukraine to stand at 5.50 in 12 months time. In the long-term, the Ukraine Food Inflation is projected to trend around 5.70 percent in 2021 and 5.50 percent in 2022, according to our econometric models.