In the coming months, the National Bank expects to maintain the tendency to reduce inflation. This will be facilitated by the use of new crops and regulator financial policies.
In August, actual inflation in Ukraine was lower than the National Bank predicted in July. The main reason for this is to expand the supply of new harvest agricultural products. On Thursday, September 11, the National Bank reported.
“The primary price pressure also weakened under the influence of NBU financial policy measures and the gradual reduction in pressure from the labor market. The main trajectory of inflation is close to forecasting,” the regulator notes.
It is noted that in August 2025, inflation continues to slow down – up to 13.2% in the annual size. In a monthly measurement, prices were reduced by 0.2%, reminding the NBU.
Prices for individual vegetables have been reduced to an annual size or significantly slowed the growth rate due to the reception of higher crops than last year. The rate of growth of fruit prices began to slow down, but remained significant due to spring harvest losses due to frost.
The speed of rising flour prices and individual cereals are reduced. At the same time, accelerating the increase in prices for all types of meat has continued due to the increase in cost and reduction in animal count.
Increasing price of processed products slows down to 17.7% g/g. In particular, the price of dairy products, oils, bread and bakery products slowed down.
Increasing the cost of non -food products also slowed down – up to 2.8% g/g. The fall on clothing and shoes intensified.
Inflation services are slightly accelerated – up to 14.1%, mainly due to an increase in tariffs for mobile services.
Financial services, health and health insurance services are faster.
At the same time, inflation of most other services has slowed down.
Such dynamics are explained by reducing the rising prices of alcoholic beverages. At the same time, prices for tobacco products continued to accelerate.
The growth rate of fuel prices slowed down – up to 6.0%
“Such dynamics are due to both a slight decrease in oil prices in the world and the strengthening of euro -related hryvnia,” the NBU explained.
“General inflation slows down three consecutive months faster than expected. At the same time, the dynamics of its main component is relatively close to the NBU forecast,” the report said.
In the following months, the NBU expects to maintain a trend toward a reduction in inflation. This primarily contributes to further constipation of the effects of receiving new crops and NBU measures to maintain adequate attractiveness of hryvnia assets and the stability of the foreign exchange market.
Earlier, Statistics Service said consumer prices in August 2025, compared to July, reduced by 0.2%, increased by 13.2%since August 2024. The main inflation of August 2025 compared to July has reached 0.5%, since August 2024 -11.4%
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Source: korrespondent
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