The annual inflation rate in Ukraine went up to 9.5 percent in May of 2021 from 8.4 percent in the previous month. It was the highest increase in prices since May of 2019 due to a rebound in cost for clothing & footwear (9.3 percent vs -4.6 percent). Meantime, inflation rose for housing & utilities (35.3 percent vs 26.5 percent), food (9.5 percent vs 9.4 percent), transport (12.2 percent vs 9.2 percent), healthcare (6.4 percent vs 6.2 percent). On a monthly basis, consumer prices rose 1.3 percent after a 0.7 percent gain in the prior month. source: State Statistics Service Of Ukraine
Inflation Rate in Ukraine averaged 31.28 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 June 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.