Ukraine sees consumer prices falling for third month in a row

Consumer prices have grown by 2.7% since the year's start.

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Inflation in Ukraine in August 2019 in annual terms against August 2018 was 8.8%, having slowed down from 9.1% July 2019 year-over-year.

Consumer prices fell by 0.3% compared to July 2019, after a decrease by 0.6% in July 2019 compared to June 2019, Ukraine's State Statistics Service has said.

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Since the beginning of the year (compared to December 2018), consumer prices have grown by 2.7%. In August, vegetables went up in price most – by 32.9% year-over-year, prices of bread rose by 20.4%, while rail fares for passengers increased by 25.8%, tariffs on sewage services grew by 19.7%, hot water and heating tariffs by 19.2%.

However, prices of eggs dropped by 7%, those of natural gas by 5.7%, fuel and oil by 3.2%. Prices of shoes slid by 0.7%.

The State Statistics Service recalled its update did not include information from Russia-occupied Crimea and Sevastopol, as well as certain areas in Ukraine's Donetsk and Luhansk regions.

As UNIAN reported earlier, inflation in Ukraine in July 2019 in annual terms – compared to July 2018 – was 9.1%, having accelerated from 9% in annual terms in June 2019.

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