Consumer prices in Ukraine experienced a modest upward trend in September, with a 0.3% increase compared to the previous month, according to the State Statistics Service. This marks a slight reversal from the two-month decline observed in July and August, where prices fell by 0.2% each month. The year-on-year inflation rate, however, remained unchanged at 11.9%, as reported on Thursday.
The economic data highlights a mixed picture for Ukraine’s inflationary pressures. While the monthly increase suggests a potential uptick in inflation, the year-on-year figure remains relatively stable. Analysts are closely monitoring the data to assess the impact of recent policy measures and external factors such as global commodity prices and domestic demand.
The State Statistics Service emphasized that the latest figures reflect the ongoing challenges in managing inflation, balancing between the need to control costs and the necessity of maintaining economic growth. The inflation rate continues to be a key focus for policymakers, who are working to implement strategies that ensure price stability while supporting sustainable development.