During the year, meat and meat products became more expensive, while sunflower oil and eggs fell in price.
The growth of consumer prices in Ukraine slowed to 5.1% at the end of 2023. This is the lowest value since 2020, when inflation was 5.0%, the State Statistics Service reported on Wednesday, January 10.
function news4649874() {
$.get(‘//’ + window.location.host + ‘/ajax/module.aspx?spm_id=444&id=4649874&lang=2&IsAjax=true’, function (data) { $(‘#nk4649874’).html(data); });
}
news4649874();
It indicates that in December prices rose by 0.7% compared to 0.5% in November and 0.8% in October.
“Core inflation in December 2023 compared to November 2023 was 0.0%, for the whole year – 4.9%,” the report said.
At the same time, due to high growth rates at the beginning of the year, the average annual inflation in 2023 will reach 12.9%.
Food and non-alcoholic beverage prices rose 4% over the year. The most expensive increase was for meat and meat products – by 12.4%, butter – by 9.9% and milk – by 9.7%.
At the same time, the prices that decreased the most throughout the year were: sunflower oil – 14.9%, eggs – 9.5% and sugar – 5.8%.
Prices for alcoholic beverages and tobacco products increased by 9.6%, while prices for clothing and shoes decreased by 6.3%.
Housing, water, electricity, gas and other types of fuel increased by 12.8%.
Household goods and household appliances increased in price by 0.7%, health care – by 8.7%, transportation – by 3.2% (including fuel – by 2.7%), communication prices increased by 1. 5%, entertainment and culture decreased by 1.1%, education increased in price by 12.8%, restaurants and hotels increased in price by 13.0%, various goods and services by 11.3%.
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.