The growth of consumer prices in Ukraine in annual terms in August 2021 remained at the level of 10.2%, the State Statistics Service reported.
According to its data, after inflation of 0.1% in July, deflation of 0.2% was recorded in August this year, which corresponds to the dynamics of prices in August last year.
Underlying inflation in August was zero after deflation of 0.1% a month earlier. In August last year, an underlying inflation of 0.1% was recorded, respectively, in annual terms, it decreased to 7.2%.
In the consumer market in August, prices for food and non-alcoholic beverages decreased by 0.7%. Vegetables and fruits fell in price the most – by 18.3% and 5%, respectively. Prices for sunflower oil, pasta, rice and cheese fell by 1.0-0.2%. At the same time, prices for eggs increased by 18%, prices for sugar, meat and meat products, milk, sour cream, bread, butter, fermented milk products, fish and fish products rose by 3.6-0.3%.
Prices for alcoholic beverages and tobacco products increased by 0.4%, which is associated with a rise in prices for tobacco products by 1.0%.
Prices for clothes and footwear fell by 3%, in particular for footwear – by 3.7%, clothing – by 2.5%.
The rise in tariffs for housing, water, electricity, gas and other fuels by 0.6% was mainly due to an increase in prices for maintenance and repair of housing by 2.3%, natural gas – by 2.1%, sewage – by 0.9%, water supply – by 0.7%.
Transport prices increased by 0.8%, primarily due to the rise in the cost of transport services by 1.9%, fuel and oils – by 1.6%.
As reported, in June consumer prices in Ukraine increased by 0.2%, in May – by 1.3%.
In general, for the first eight months of this year, inflation in Ukraine amounted to 6.2%, underlying inflation – 4.2%.
The National Bank of Ukraine in July downgraded the inflation forecast for 2021 from 8% (in the April forecast) to 9.6%. According to it, by the end of the third quarter, inflation will peak this year at 11.2%, after which it will begin to decline.
INFLATION, State Statistics Service, UKRAINE'S INFLATION
