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Ukrainian inflation accelerates to 11% in September

Source : 112 Ukraine

The year-over-year growth of consumer prices in Ukraine in September 2021 accelerated to 11% from 10.2% in August
20:31, 8 October 2021

Inflation in Ukraine
Open source

The year-over-year growth of consumer prices in Ukraine in September 2021 accelerated to 11% from 10.2% in August. It is reported by the State Statistics Service.

After deflation of 0.2% in August, inflation was recorded at 1.2% in September this year, while in September last year, inflation was 0.5%.

Related: Record inflation and China crisis: Should Ukraine expect rapid growth of dollar rate?

In addition, the State Statistics Service last month recorded underlying inflation at 1.3% after zero underlying inflation in August 2021. In September last year, underlying inflation was 1.1%.

As we reported earlier, in August 2021, the inflation rate in Ukraine in the annual measurement remained on the level of 10.2 percent. The State Statistics Committee of Ukraine reported that on September 9.

After the 0.1 percent-rate inflation in July, the 0.2-percent rate was observed in August. This meets the rate of price development in August 2020. The basic inflation in August 2021 was 0% after the 0.1% deflation in July. In August 2020, the basic inflation rate was 0.1 percent.

On the whole, over eight months of 2021, the inflation level in this country made 6.2 percent. The basic inflation rate made 4.2 percent.

Related: Lovochkin: Last year’s two-digit inflation rate resulted from government’s mistakes

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