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Deflation in July amounted to 0.6%, - Ukraine's State Statistics Service

Compared with July 2018, in July 2019 consumer prices increased by 9.1%
17:10, 10 August 2019

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In July 2019, consumer prices in Ukraine fell by 0.6%. This is evidenced by the data of the State Statistics Service.

In particular, prices for food and non-alcoholic drinks in July fell by 0.7%, for clothes and shoes - by 4.5%, for housing and communal services - by 2.3%.

Compared with July 2018, consumer prices increased by 9.1%. In January-June, inflation amounted to 3%.

We recall that the National Bank maintained its inflation forecast of 6.3% this year and about 5% at the beginning of 2020.

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Earlier we reported that Inflation in Ukraine in May 2019 was 0.7%, compared with 1% in April, 0.9% in March, 0.5% in February and 1% in January.

In the annual terms, the consumer price growth accelerated by 9.6% in May, by 8.8% in April and by 8.6% in March of the current year.

The core inflation in May 2019 declined to 0.2%, while in April it was 0.4%, in March - 1.2%, in February - 0.2%, and in January - 0.3%. In the annual terms, it remained at the level as in April - 7.4%, compared with 7.6% in March, 7.8% in February and 8.3% in January.

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