The growth of consumer prices in Ukraine at the end of June 2021 decreased to 0.2% from 1.3% at the end of May. In annual terms, inflation remained at 9.5%. The relevant data are published on the website of the State Statistics Service.
According to the State Statistics Service, core inflation in June was 0.4%, while in May it was at 0.7%.
In general, for the first six months of 2021, inflation in Ukraine amounted to 6.4%, core inflation to 4.3%.
Meanwhile, the Cabinet of Ministers of Ukraine expects inflation to drop to 6.2% in 2022 and to 5% in 2023. In addition, in the coming years, it is planned to reduce public debt to less than 50% of GDP. Prime Minister of Ukraine Denys Shmyhal said following the results of the government-approved Budget Declaration and the 2022-2024 Forecast of Economic and Social Development.
"The public debt is planned to be reduced to less than 50% of GDP. This means that we will spend less on servicing debts and spend more on medicine, defense and education," Denys Shmyhal said.