Inflation Rate in Ukraine decreased to 14.30 percent in June from 15.90 percent in May of 2025. This dataset provides the latest reported value for - Ukraine Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the average inflation rate in Ukraine was approximately 6.50 percent. Between 1993 and 2024, the figure dropped by around 4.73 thousand percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.50 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Ukraine inflation rate for 2023 was 12.85%, a 7.33% decline from 2022.

<ul style='margin-top:20px;'>

<li>Ukraine inflation rate for 2022 was <strong>20.18%</strong>, a <strong>10.82% increase</strong> from 2021.</li>
<li>Ukraine inflation rate for 2021 was <strong>9.36%</strong>, a <strong>6.63% increase</strong> from 2020.</li>
<li>Ukraine inflation rate for 2020 was <strong>2.73%</strong>, a <strong>5.15% decline</strong> from 2019.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

The Consumer Price Index in Ukraine increased 0.80 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - Ukraine Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Ukraine increased 12.10 percent in June of 2025 over the same month in the previous year. This dataset provides - Ukraine Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In September 2024, the inflation rate for food in Ukraine was at 8.5 percent. In comparison to the same month of the previous year, the cost of food increased by 2.7 percent. Food Inflation is reported by the State Statistics Service Of Ukraine.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Ukraine was 15.95 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 15.12 percent. Compared to a year ago, we see an increase from the...

Graph and download economic data for Inflation, consumer prices for Ukraine (FPCPITOTLZGUKR) from 1993 to 2024 about Ukraine, consumer, CPI, inflation, price index, indexes, and price.

Cost of food in Ukraine increased 22.10 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Ukraine Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation, monthly percent change in the CPI in Ukraine, May, 2025 The most recent value is 1.31 percent as of May 2025, an increase compared to the previous value of 0.69 percent. Historically, the average for Ukraine from February 1992 to May 2025 is 3.61 percent. The minimum of -1.76 percent was recorded in June 2002, while the maximum of 90.8 percent was reached in December 1993. | TheGlobalEconomy.com

Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

Inflation, consumer prices (annual %) in Ukraine was reported at 6.502 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ukraine - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Uzbekistan was estimated the highest inflation rate in Eurasia in 2024, at approximately ** percent. It was followed by Kazakhstan, where consumer prices would grow by around *** percent on average compared to the previous year. Ukraine's inflation rate decreased after having peaked in 2022.

In May 2025, the inflation rate in Russia stood at **** percent compared to the same month in the previous year, showing an increase. The rate has been decreasing since March 2025. The highest rate during the observed period was recorded in April 2022, at **** percent. The term inflation means the devaluation of money caused by a permanent increase in the price level for products (consumer goods, investment goods). The Consumer Price Index (CPI) shows the price development for private expenses and shows the current level of inflation when increasing. Russia's economy, an outlook The Russian economy was expected to grow by *** percent in 2025 despite the Western sanctions over the war in Ukraine that began in February 2022. At the same time, consumer prices were projected to grow by around **** percent in 2025 relative to the previous year. In 2024, the inflation rate was estimated at **** percent. Prices in Russia Russia’s economy is highly dependent on and affected by the price of oil. The price of the Urals crude oil stood at approximately ***** U.S. dollars per barrel in April 2025, having demonstrated a decrease from the previous month. The highest producer price index (PPI) was recorded in the electricity and gas supply sector, with a price growth rate of over ** percent in September 2024.

Ukraine: Inflation forecast: The latest value from 2030 is 5 percent, unchanged from 5 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Ukraine from 1993 to 2030 is 293.91 percent. The minimum value, -0.57 percent, was reached in 2002 while the maximum of 10154.97 percent was recorded in 1993.

Ukraine UA: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 22.112 % in 2017. This records an increase from the previous number of 17.142 % for 2016. Ukraine UA: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 17.608 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 3,334.801 % in 1993 and a record low of 4.337 % in 2013. Ukraine UA: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ukraine – Table UA.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Inflation, GDP deflator: linked series (annual %) in Ukraine was reported at 18.48 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ukraine - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Ukraine Consumer Price Index CPI growth

• Ukraine Consumer Price Index (CPI) growth was measured at 13.4 % YoY in Feb 2025, compared with a rate of 12.9 % in the previous month.
• Ukraine Consumer Price Index growth data is updated monthly, available from Jul 1992 to Feb 2025, with an averaged number of 11.9 % YoY.
• The data reached an all-time high of 10,156.0 % YoY in Dec 1993 and a record low of -1.2 % YoY in Jun 2012.

Over the week ending November 5, 2024, consumer prices in Russia decreased from the week prior by 0.19 percent. During the observed period, the highest weekly inflation rate was recorded over the week from February 26 to March 4, 2022, which was the first full week after Russia's invasion of Ukraine that started on February 24, 2022. Year-to-date, consumer prices grew by over three percent from January 1, 2024. How much was the Russian inflation rate in 2023? The annual increase in the Russian consumer price index (CPI) stood at approximately 5.9 percent in 2023 and was around 7.9 percentage points lower than in 2022, when the figure was significantly high due to the war in Ukraine. Over 2023, the highest monthly inflation rate was recorded in January at roughly 12 percent. Which products have the highest inflation rate in Russia? Financial and insurance services recorded the highest increase in consumer prices in Russia in 2023, at over 13 percent. They were followed by sports, recreation, and culture. Among food products, the highest inflation rate in June 2024 relative to the end of the previous year was recorded for beet root, carrots, potatoes, white cabbage, and onions.

Inflation Rate in Russia decreased to 9.40 percent in June from 9.90 percent in May of 2025. This dataset provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.