• 23/07/2024 05:21

The price increase in June was the largest in a year: the State Statistics Service explained the reason

 The price increase in June was the largest in a year: the State Statistics Service explained the reason

Inflation, according to the department, has accelerated.

Inflation< /strong> in the consumer market in June 2024 accelerated to 2.2%. This is the largest increase in prices per month – at least in the last year.

This is evidenced by data from the State Statistics Service.

The State Statistics Service reported that inflation in the consumer market in June 2024 accelerated to 2.2% compared to 0.6% in May, 0.2% in April, 0.5% in March, 0.3% in March-February and 0.4% in January. Since the beginning of the year, prices have increased by 4.3%.

Core inflation in June compared to May accelerated to 0.5%, since the beginning of the year it amounted to 3.3%.

According to the State Statistics Service, prices increased:

  • for food and soft drinks in June increased by 0.5%
  • eggs increased in price the most (by 15.5%)
  • prices for processed grain products, sugar, sunflower oil, fish and fish products, bread, pasta, increased by 3.2–0.4%, soft drinks, rice, oil, vegetables
  • prices for alcoholic beverages and tobacco products increased by 1.1% in June, in particular for tobacco products – by 1.7%, alcoholic beverages – by 0.5 %
  • transport prices increased by 0.8% mainly due to a 10% increase in the cost of travel on railway passenger transport

At the same time, prices decreased by 2.6–0.1% for lard, milk, meat and meat products, fermented milk products, fruits.

Recall that the NBU predicts an increase in inflation: three factors will affect the consumer price index.

Inflation is more than 30 percent: should we expect a decrease in the value of “gold” eggs

 The price increase in June was the largest in a year: the State Statistics Service explained the reason


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