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Inflation in Ukraine in annual terms decreased to 4.7% – State Statistics Service

The growth of consumer prices in Ukraine in January 2024 slowed to 0.4% from 0.7% in December, on an annual basis – to 4.7% from 5.1% in December. This is evidenced by data from the State Statistics Service.

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Core inflation in January was 0.4% month-on-month, and 4.6% year-on-year.

How prices changed< /h3>

According to the State Statistics Service, in the consumer market in January, prices for food and non-alcoholic drinks increased by 1.1%. Vegetables increased in price the most (by 16.8%). Prices for fruits, beef, milk and dairy products, butter, fish and fish products, pasta increased by 4.5-0.7%.

Eggs fell in price by 8.4%, by 3.6 Prices for pork, sugar, processed grain products, sunflower oil, poultry, lard, rice decreased by −0.6%.

Prices for alcoholic beverages and tobacco products increased by 0.7%, which is associated with an increase in the price of tobacco products by 1.1%.

Clothing and footwear fell in price by 5.5%, in particular clothing. by 5.6%, shoes – by 5.5%.

The increase in prices in the healthcare sector by 1.3% was primarily due to an increase in prices for outpatient services by 1.5% and pharmaceutical products – by 1.3%.

Transport prices decreased by 1.5%, mainly due to a 4.6% reduction in the cost of fuel and lubricating oils. At the same time, railway passenger transport fares increased by 2.5%.

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