Prices continue to rise, but not so fast
In annual terms, following the results of April this year, inflation rose to 16.4%, but over the past month its growth has slowed down.
In April, consumer price growth in Ukraine slowed to 3.1% from 4.5% in March, but exceeded 1.6% in February and 1.3% in January. This was announced on Tuesday, May 10, by the State Statistics Service.
It is noted that in April last year, inflation was 0.7%, so in annual terms, in April this year, it rose to 16.4% from 13.7% in March, 10.7% in February and 10% – according to the results of January, the department indicated.
Core inflation also eased to 3% last month from 3.8% in March. However, taking into account 0.7% in April 2021 in annual terms, it increased to 13% from 10.5% in March, 8.2% in February and 7.6% in January.
Since the beginning of this year, for its first four months, inflation in Ukraine amounted to 10.9%, and the base – 8.1%, said the State Statistics Service.
The National Bank of Ukraine, as reported by its head Kirill Shevchenko, expected an increase in inflation in April to 15.9%.
Recall that the National Bank reported that it is impossible to avoid rising prices and inflation may exceed 20% by the end of the year.
As reported, according to the State Statistics Service, consumer price growth in March accelerated to 4.5% from 1.6% in February, 1.3% in January and 0.6% in December last year.
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