The annual inflation rate in Ukraine accelerated to 23.8 percent in August of 2022 from 22.2 percent in the previous month, the highest since February of 2016 and above the central bank’s estimate of 23 percent, as the country endured six months of Russia’s invasion. Costs accelerated for food and non-alcoholic beverages (30.7 percent vs 28.9 percent in July), driven by staples such as sugar and eggs, household items and furnishings (21.6 percent vs 16.2 percent), and restaurants and hotels (17.2 percent vs 16.4 percent). While not picking up, inflation remained at soaring levels for transportation (at 40.4 percent). On a monthly basis, consumer prices rose by 0.8 percent, picking up from the 0.5 percent increase in the prior month. source: State Statistics Service Of Ukraine

Inflation Rate in Ukraine averaged 30.50 percent from 1995 until 2022, 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 September of 2022.

Inflation Rate in Ukraine is expected to be 27.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ukraine Inflation Rate is projected to trend around 12.00 percent in 2023 and 8.00 percent in 2024, according to our econometric models.

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Ukraine Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-08-10 12:30 PM Jul 22.2% 21.5%
2022-09-09 01:00 PM Aug 23.8% 22.2% 23%
2022-10-10 12:30 PM Sep


Related Last Previous Unit Reference
Inflation Rate 23.80 22.20 percent Aug 2022
Consumer Price Index CPI 388.40 385.70 points Jul 2022
Core Inflation Rate 19.10 16.70 percent Aug 2022
Core Consumer Prices 119.10 116.70 points Aug 2022
Inflation Rate MoM 1.10 0.70 percent Aug 2022
Food Inflation 30.70 28.90 percent Aug 2022
CPI Transportation 98.70 111.00 points Jul 2022
Import Prices 155.70 141.90 points Jun 2022
Export Prices 111.50 113.00 points Jun 2022
Producer Prices Change 53.31 68.78 percent Feb 2022
Producer Prices 677.80 692.00 points Feb 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
23.80 22.20 530.30 -1.20 1995 - 2022 percent Monthly

News Stream
Ukraine Inflation Rate at Over 8-Year High
The annual inflation rate in Ukraine accelerated to 23.8 percent in August of 2022 from 22.2 percent in the previous month, the highest since February of 2016 and above the central bank’s estimate of 23 percent, as the country endured six months of Russia’s invasion. Costs accelerated for food and non-alcoholic beverages (30.7 percent vs 28.9 percent in July), driven by staples such as sugar and eggs, household items and furnishings (21.6 percent vs 16.2 percent), and restaurants and hotels (17.2 percent vs 16.4 percent). While not picking up, inflation remained at soaring levels for transportation (at 40.4 percent). On a monthly basis, consumer prices rose by 0.8 percent, picking up from the 0.5 percent increase in the prior month.
2022-09-09
Ukraine Inflation Rate at 8-Year High
The annual inflation rate in Ukraine accelerated to 22.2 percent in July of 2022 from 21.5 percent in the previous month, the highest since February 2016, as the country endured five months of Russia’s invasion. Costs accelerated for food and non-alcoholic beverages (28.9 percent vs 27.7 percent in June), household items and furnishings (16.2 percent vs 14.1 percent), restaurants and hotels (16.4 percent vs 15.9 percent), and education (16.1 percent vs 15.9 percent). While remaining at high levels, inflation for transportation eased (40.4 percent vs 42.4 percent), due to a slower increase for fuel and lubricants (77.7 percent vs 90.9 percent). On a monthly basis, consumer prices rose by 0.5 percent, easing from the 0.6 percent increase in the prior month.
2022-08-10
Ukraine Inflation Rate Accelerates to Over 4-Year High
The annual inflation rate in Ukraine accelerated to 16.4 percent in April of 2022 from 13.7 percent in the previous month, the highest since September of 2017 as the country endured the second month of Russia’s invasion. Costs accelerated for food and non-alcoholic beverages (22.4 percent vs 18.9 percent in March), transportation (18.2 percent vs 16.4 percent), housing and utilities (7.2 percent vs 6.9 percent), furniture and household equipment (10.6 percent vs 6.6 percent), healthcare (14.7 percent vs 12.1 percent) and restaurants and hotels (12.2 percent vs 11.1 percent). The core inflation rate was a 13 percent, the highest since 2016 and picking up from the 10.5 percent in the previous month. On a monthly basis, consumer prices rose 3.1 percent, easing since the 7-year high of 4.5 percent from March.
2022-05-10