Consumer inflation in Ukraine slows to 8.4% in April 2021

Photo from UNIAN, by Volodymyr Hontar

Photo from UNIAN, by Volodymyr Hontar

Consumer inflation in Ukraine in April 2021 compared to April 2020 was 8.4%, slowing from 8.5% in March 2021.

Inflation in the consumer market in April 2021 compared to March 2021 was 0.7% versus 1.7% in March 2021 compared to February 2021, the State Statistics Service of Ukraine said on its website.

Read also Ukraine's economy ministry projects GDP growth at 4.1% in 2021, 3.7% in 2022

Inflation in January-April 2021 was 4.8%.

Prices of food and non-alcoholic beverages increased by 8.4% in April 2021 compared to April 2020.

Prices of eggs, sugar, sunflower oil, bread grew most (by 13.2-90%). Prices of pasta, poultry, fish and fish products, beef, processed cereal products, butter, dairy products rose by 4.8-7.3%. At the same time, vegetables fell in price by 12%.

Prices of alcoholic beverages and tobacco increased by 3.2%.

An increase in rates (tariffs) on housing, the supply of water, electricity, natural gas and other fuels by 26.5% was mainly due to a rise in prices for natural gas by 89.9% and electricity by 36.6%.

Transportation fares increased by 9.2% primarily due to a rise in prices of fuel and lubricants by 24.3% and rates on passenger transportation by rail by 6.1%. Also, rates on transportation by road rose by 5.2%.

Previous developments

  • Consumer inflation in Ukraine in March 2021 compared to March 2020 was 8.5%, having accelerated from 7.5% in February 2021.
  • Inflation in the first quarter of 2021 was 4.1%.

Translation: Akulenko Olena

Unian

Read the top-news of politics in Ukraine and the world, the latest political news from the UNIAN news agency.

https://www.unian.info/

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