Consumer price growth in Ukraine in December 2022 remained at the level of November – 0.7%, compared to 2.5% in October, 1.9% – in September and 1.1% – in August, returning to the level of July, the State Statistics Service (Gosstat) said on Tuesday.
Last December, there was a 0.6% inflation rate, so in annual terms it was 26.6% for the year as a whole, compared to 26.5% in November.
Core inflation fell to 0.8% last month from 1.3% in November and 1.9% in October, 2.4% in September and 2.1% in August.
Overall for the year, core inflation was 22.6%, the Gosstat said.
In mid-October, the National Bank kept the inflation forecast for 2022 at 30%, while the government improved it from 30.1% to 29.3% in late October.
The prices of food and non-alcoholic beverages in the consumer market rose by 0.7% in December. Oil, milk and dairy products, bread, fruit, vegetables, soft drinks, fish and fish products rose by 2.5-0.9%. At the same time, processed cereal products, eggs, sugar, poultry, bacon, pork and rice went down in price by 2.7-0.1%.
Prices for alcoholic beverages and tobacco products increased by 0.7%, which is associated with an increase in the price of tobacco products by 1.7%.
Clothing and footwear became cheaper by 2.6%, including clothing by 3.0% and footwear by 2.4%.
A 0.9% increase in health care prices was primarily due to a 1.3% increase in the price of outpatient services and a 1.0% increase in the price of pharmaceutical products.
Transportation prices rose 1.6% primarily due to a 3.1% increase in the price of fuel and lubricating oils.
As reported, Ukraine’s inflation rate in 2021 rose to 10% from 5% in 2020 and 4.1% in 2019, and the base rate rose to 7.9% from 4.5% a year earlier.
