Inflation in the last year accelerated twice, price growth became the highest in four years

Inflation in the last year accelerated twice, price growth became the highest in four years

The rise in consumer prices in Ukraine in 2021 reached 10%, having doubled in a year - against 5% in 2020. This is evidenced by the data of the State Statistics Committee, reports UNN.

 

Inflation in the consumer market in December compared to November was 0.6% for the year as a whole - 10.0%.

 

Core inflation in December compared to November was 0.4% for the year as a whole - 7.9%.

 

To add, the price increase in 2021 was the largest in four years, at 9.8% in 2018, 4.1% in 2019, and 5% in 2020.

 

In the consumer market, prices for food and non-alcoholic beverages rose by 1.2% in December (up 12.7% for the year).

 

Most of all (by 10.0% and 9.1%) in December, eggs and vegetables went up in price. The prices of bacon, milk and dairy products, cereal products, rice, bread, beef, pasta and butter have risen by 3.0-1.3%. At the same time fruit, sugar, sunflower oil and poultry became 3.9-0.6% cheaper.

 

Prices of alcoholic beverages and tobacco products rose by 0.2% in December, with tobacco products 1.0% more expensive and alcoholic beverages 0.6% cheaper.

 

Clothing and footwear fell in price by 3.6%, including clothing by 4.0% and footwear by 3.3%.

 

Prices (tariffs) for housing, water, electricity, gas and other fuels over the month even slightly decreased - by 0.1%. At the same time, in annual terms, prices for communal services slowed to 9.8% from 10% a month earlier.

 

Transportation prices fell 0.2% in December primarily due to a 3.0% decline in fuel and oils. At the same time, 1.4% and 1.1% higher prices for rail and road passenger transport.

 

Over the month, prices for health-related services rose by 0.4%, up 6.1% year on year, while prices for education rose by 0.1% over the month, up 17% year on year.



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The rise in consumer prices in Ukraine in 2021 reached 10%, having doubled in a year - against 5% in 2020. This is evidenced by the data of the State Statistics Committee, reports UNN.

 

Inflation in the consumer market in December compared to November was 0.6% for the year as a whole - 10.0%.

 

Core inflation in December compared to November was 0.4% for the year as a whole - 7.9%.

 

To add, the price increase in 2021 was the largest in four years, at 9.8% in 2018, 4.1% in 2019, and 5% in 2020.

 

In the consumer market, prices for food and non-alcoholic beverages rose by 1.2% in December (up 12.7% for the year).

 

Most of all (by 10.0% and 9.1%) in December, eggs and vegetables went up in price. The prices of bacon, milk and dairy products, cereal products, rice, bread, beef, pasta and butter have risen by 3.0-1.3%. At the same time fruit, sugar, sunflower oil and poultry became 3.9-0.6% cheaper.

 

Prices of alcoholic beverages and tobacco products rose by 0.2% in December, with tobacco products 1.0% more expensive and alcoholic beverages 0.6% cheaper.

 

Clothing and footwear fell in price by 3.6%, including clothing by 4.0% and footwear by 3.3%.

 

Prices (tariffs) for housing, water, electricity, gas and other fuels over the month even slightly decreased - by 0.1%. At the same time, in annual terms, prices for communal services slowed to 9.8% from 10% a month earlier.

 

Transportation prices fell 0.2% in December primarily due to a 3.0% decline in fuel and oils. At the same time, 1.4% and 1.1% higher prices for rail and road passenger transport.

 

Over the month, prices for health-related services rose by 0.4%, up 6.1% year on year, while prices for education rose by 0.1% over the month, up 17% year on year.