Consumer price growth in Ukraine slowed to 0.2% in December 2025 from 0.4% in November and 0.9% in October, the State Statistics Service (SSS) reported on Friday.
The statistics agency recalled that in December 2024, consumer price growth was 1.4%, so in annual terms, inflation at the end of December this year decreased to 8% from 9.3% at the end of November and 10.9% at the end of October, and was lower than inflation in 2024, which was 12%.
It is noted that in December 2025, core inflation also fell to 0.1% from 0.3% in November and 0.6% in October. Given that in December 2024 it was 1.3%, core inflation slowed down to 8% in annual terms at the end of the year, from 9.3% in November and 10.2% in October.
In the consumer market in December, prices for food and non-alcoholic beverages remained largely unchanged. At the same time, prices for eggs, grain products, fish and fish products, bread, sunflower oil, lard, vegetables, beef, and milk rose by 5.6–0.7%. At the same time, prices for fruit, sugar, poultry, pork, rice, fermented milk products, non-alcoholic beverages, and butter fell by 4.1–0.2%.
Prices for alcoholic beverages and tobacco products rose by 1.0%, which is associated with a 1.9% increase in the cost of tobacco products.
Clothing and footwear fell in price by 3.9%, in particular, footwear by 4.4% and clothing by 3.6%.
Transport prices rose by 0.7%, mainly due to a 1.3% increase in the cost of passenger rail transport and a 1.1% increase in the cost of fuel and lubricants.
As reported, inflation in Ukraine, which fell to 5.1% in 2023 after jumping to 26.6% a year ago, rose to 12% at the end of 2024.
At the end of October, the National Bank of Ukraine improved its inflation forecast for 2025 to 9.2% from 9.7% in its July macro forecast and left its inflation estimate for 2026 at the previous level of 6.6%.
