In Ukraine, in June, the growth of consumer prices accelerated to 2.2%, and annual inflation is 4.8%.
This information was reported by the press service of the National Bank of Ukraine, reports URA-Inform.
This information was reported by the press service of the National Bank of Ukraine, reports URA-Inform.
The press service of the National Bank of Ukraine noted that prices will continue to rise in the coming months.
“Pressure will continue in the coming months, primarily due to increased business costs, in particular for labor and electricity, as well as the exhaustion of the effects of last year’s significant harvests and the expected increase in excise taxes,” the NBU noted.
It is noted that fundamental inflationary pressures remained persistent. Core inflation rose to 5.0% in June, which is higher than it was in May – 4.4%. The factors that restrained inflation were secondary effects from cheaper raw food products.
The NBU added that the decline in prices for raw food products has slowed down somewhat, namely to 6.5%. However, the rate of growth in prices for processed food products increased to 5.9%. At the same time, prices for non-food products increased by 0.4%, primarily under the influence of the exchange rate factor. In the service sector, prices are also rising, namely by 9.9%, probably due to business expenses on labor and energy.
«Additional pressure on prices was exerted by the rise in prices for electricity for non-domestic consumers, which is reflected in consumer prices due to secondary effects, primarily, increased costs»,” noted the NBU.
There was also an increase in fuel prices – up to 25.5%. This is due to rising oil prices on world markets, as well as the weakening of the hryvnia exchange rate and increased fuel purchases ahead of the expected increase in the excise tax.
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