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. source: State Statistics Service Of Ukraine
Inflation Rate in Ukraine averaged 31.57 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 March of 2021.
Inflation Rate in Ukraine is expected to be 7.50 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 6.20 in 12 months time. In the long-term, the Ukraine Inflation Rate is projected to trend around 5.00 percent in 2022, according to our econometric models.