Consumer prices in Ukraine shrink by 0.6% in July

Consumer prices in Ukraine shrink by 0.6% in July

Ukrinform
Consumer prices in Ukraine decreased by 0.6% in July 2019 compared to June 2019, Ukraine's State Statistics Service has said.

"Consumer prices have increased by 3% since the beginning of the year. Core inflation was 0.1% in July 2019 compared to June 2019 and 2.2% since the beginning of the year," the report reads.

Consumer prices in June 2019 compared to June 2019 shrank by 0.6%, however, they grew by 3% compared to December 2018 and by 9.1% compared to June 2018. In January-July 2019, inflation on the consumer market amounted to 9% compared to the same period in 2018.

Among consumer goods and services, in July 2019 compared to December 2018, the largest increase in prices was recorded in prices for fruits (34.9%), rail passenger services (27.2%) and hot water and heating supply (13.7%).

From December 2018 to July 2019, the largest fall in prices was recorded in prices for eggs (42.1%), natural gas (19.7%), as well as fuel and lubricants (5%).

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