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Consumer price growth in Ukraine in June
accelerated to 0.8% from 0.5% in May and 0.2% in April, while annualized
inflation rate fell to 12.8%, Ukraine’s State Statistics Service reported
on July 10.
At the same time, inflation in June was recorded at 3.1%, so on an annual basis it decreased to 12.8% from 15.3% in May, 17.9% in April, 21.3% in March, 24.9% in February, and 26.6% for the entire 2022.
In addition, the State Statistics Service recorded base deflation of 0.1% in June, after base inflation decreased to 0.3% in May from 0.5% in April.
Taking into account that base inflation was 1.6% in June 2022, it also decreased to 14.0% from 15.9% in May, 17.2% in April, 20.1% in March, 23.3% in February, and 22.6% in 2022.
Since the beginning of the year, inflation in the country amounted to 4.6%, and base inflation – to 3.2%.
The National Bank of Ukraine earlier reported that the slowing down of inflation rates was facilitated by sufficient food supply, strengthening of the national currency, as well as improvement in inflation and exchange rate expectations.
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