Annual inflation rate in Ukraine edged down to 7.5 percent in September of 2019 from 8.8 percent in the previous month and slightly below market expectations of 7.8 percent. It was the smallest inflation rate since June 2016, as cost slowed for food & non-alcoholic beverages (8.8 percent vs 10.2 percent in August); housing & utilities (5.4 percent vs 5.8 percent); transport (1.3 percent vs 4.6 percent) and restaurants & hotels (11.3 percent vs 11.7 percent). On the other hand, prices advanced faster for miscellaneous goods & services (10.1 percent vs 10.0 percent) and clothing & footwear (0.1 percent from a flat reading). On a monthly basis, consumer prices increased 0.7 percent, after a 0.3 percent drop in the previous month. Inflation Rate in Ukraine averaged 33.09 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 6.30 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 5.30 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.