Annual inflation in Ukraine eased in June after more than two-year high
In Ukraine, the annual rate of consumer price inflation slowed in June after reaching a more than two-year high in the previous month.
According to the Ukrainian Statistics Office, the annual consumer price inflation rate decreased to 14.3 percent in June from 15.9 percent in May, the highest level since April 2023.
The slowdown in inflation in June was mainly due to the base effect, as the housing and utilities sector grew significantly by 2.4 percent year-on-year, compared to a 20.1 percent year-on-year increase in the previous month.
The prices of food and non-alcoholic beverages increased by 23.1 percent in June, following a 22.1 percent year-on-year increase in May.
On a monthly basis, consumer prices increased by 0.8 percent in June, following a 1.3 percent increase in the previous month.
At its latest interest rate meeting on June 5, the Ukrainian central bank left its key rate unchanged at 15.5 percent after April, after raising it by 100 basis points in March and January. The central bank decided to raise it by 50 basis points in December and has not touched the base rate at its three previous interest rate meetings.
The Ukrainian central bank expects inflation to be 8.7 percent this year.
Related news
US consumer sentiment worsened in September, according to a University of Michigan survey
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >MNB Director: The rate of price increases may decrease permanently to the central bank’s tolerance band at the beginning of 2026
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >K&H analyst commentary: Hungary can reach its potential level
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
(HU) Továbbra is száguldanak az élelmiszeripari árak
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Another wave of food price increases could come due to EPR fees
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: in August, the foreign trade surplus for goods was 557 million euros, while imports were 4.1 percent lower than in the same period of the previous year
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >