Ukraine sees acceleration of inflation in Jan

Photo from UNIAN, by Volodymyr Hontar

Photo from UNIAN, by Volodymyr Hontar

Consumer inflation in Ukraine in January 2021 compared to January 2020 was 6.1%, having accelerated from 5% in December 2020.

Inflation in the consumer market in January 2021 compared to December 2020 stood at 1.3%, the State Statistics Service of Ukraine reported on its website.

Read also Ukrainian Agribusiness Club forecasts 7-8% inflation in spring

Consumer prices of food and soft drinks rose by 1.4%, it said.

Eggs went up in price most (by 15.4%). Prices of vegetables, sugar, sunflower oil, poultry, bread, beef, processed cereal products, and cheeses rose by 1.0-6.5%. At the same time, prices of pork fell by 1.3%.

Prices of alcoholic beverages and tobacco increased by 1.0%, which is associated with a rise in prices for tobacco by 1.9%.

Prices of clothes and footwear fell by 4%, in particular, those of footwear decreased by 4.0% and clothes declined by 3.9%.

Author: UNIAN

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