Price dynamics in the country are improving and inflation will continue to decrease until the end of the year, the ministry predicts.
In Ukraine, the inflation rate is decreasing for the second month in a row, which is an important positive signal for consumers and businesses. This was reported on September 7 by the press service of the Ministry of Economy.
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As First Deputy Minister of Economy Denis Kudin emphasized on the air of the telethon, inflationary dynamics in Ukraine is gradually improving.
“In fact, there has already been a significant increase in the cost of some goods and services, and for the last two months in a row, due to daily price monitoring data for some commodities, the rate of inflation is decreasing. We predict that it will continue to slow down until the end of the year, although, of course, there will be periodic manifestations of acceleration in some market segments,” he said.
The basis for the optimistic forecast is the decline in world prices for oil and oil products, which, in particular, fell by 10% in August and continue to decline. As well as the drop in world food prices for five months in a row.
“This should have a positive effect on prices in Ukraine. So, in August, seasonal vegetables (potatoes, beets, cabbage, carrots) fell the most – by 25-45%, the price for liquefied gas for cars fell – on an average of 10.4%, for diesel – by 3.4%,” said the deputy minister.
According to him, this year’s record high inflation is a global trend.
“Even in EU countries, it reached 9.1%. As for Ukraine, inflation is caused by two factors – certainly internal and external. Yes, inflation is partially imported, because we buy expensive energy sources – gas, oil products … However, the main inflationary factor is war,” summed up Kudin.
Earlier, the Ministry of Economy assured that it is not worth waiting for hyperinflation in Ukraine, despite the ongoing war.
Recall that in August, annual inflation in Ukraine reached 23%. The NBU said inflationary pressure remains high in the country.
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Source: korrespondent
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