In November, the prices of sugar, sunflower oil, grain products, poultry, pork and fruit fell.
Consumer price growth in Ukraine slowed to 0.5% in November after growing 0.8% in October and 0.5% in September. This is confirmed by the data of the State Statistics Service on Friday, December 8.
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On an annual basis, in November, inflation slowed to 5.1% from 5.3% in October, 7.1% in September and 8.6% in August.
Core inflation slowed to 0.3% in November from 0.4% in October and 0.9% in September.
Since the beginning of this year, inflation in Ukraine has reached 4.4%, and core inflation – 4.9%.
According to the State Statistics Service, last month prices for food and non-alcoholic beverages in the consumer market increased by 0.8%. The price of vegetables increased the most – by 13.2%. Prices for milk and dairy products, butter, oil, beef, eggs, and bread increased by 2.6–1%.
At the same time, prices for sugar, processed grain products, pork, fruit, sunflower oil, chicken, rice, and pasta decreased by 4.3-0.6%.
Prices for alcoholic beverages and tobacco products increased by 0.3%, linked to a 0.8% increase in the price of tobacco products.
In turn, clothes and shoes fell in price by 3%, in particular clothes – by 3.4%, shoes – by 2.7%.
Transportation prices rose by 0.9%, mainly due to increases in prices for fuel and lubricants and road passenger transport fares by 1.8%.
Let’s recall that at the end of October, for the third time in a year, the National Bank improved its forecast for GDP growth and the rate of decline in inflation at the end of 2023. The regulator also improved the economic forecast for the next that year.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.