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KYIV. Dec 9 (Interfax-Ukraine) – The growth of consumer prices in Ukraine in November 2022 slowed down to 0.7% from 2.5% in October, 1.9% in September, 1.1% in August, having returned to the level of July, the State Statistics Service of Ukraine said on Friday.
In November last year, inflation was recorded at 0.8%, so year-over-year, in November this year, it fell to 26.5% from 26.6% in October.
Underlying inflation fell to 1.3% last month from 1.9% in October, 2.4% in September and 2.1% in August.
Since the beginning of this year, as of November 2022, consumer prices in Ukraine have grown by 25.7%, while underlying inflation was 21.6%, the State Statistics Service said.
In the middle of October, the National Bank of Ukraine (NBU) kept its inflation forecast for 2022 at 30%, while the government improved it from 30.1% to 29.3% at the end of October.
In the consumer market in November, prices for food and non-alcoholic beverages rose by 0.6%. Eggs price increased the most (by 10.6%). Prices for lard, milk and dairy products, butter, soft drinks, fish and fish products increased by 3.3-2%. At the same time, fruits, grain products, pork, vegetables, and sugar fell in price by 6.9–1.1%.
Prices for alcoholic beverages and tobacco products grew by 1%, including for tobacco products by 1.1%, alcoholic beverages by 0.8%.
Clothing and footwear fell in price by 1.6%, including footwear by 2%, clothing by 1.2%.
Transportation prices rose by 1% mainly due to a 1.3% increase in fuel and lubricating oil prices and 1.1% increase in vehicle prices.
In the communications sector, prices rose by 1.3% due to a 21.9% increase in local telephony tariffs.
As reported, in 2021 inflation in Ukraine rose to 10% from 5% in 2020 and 4.1% in 2019, while underlying inflation rose to 7.9% versus 4.5% a year earlier.
