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.