Головна сторінка
/
Новини
/

Ukraine CPI slides 0.4% yoy in May

Ukraine CPI slides 0.4% yoy in May

7 June 2013

Ukraine’s consumer prices in May inched up 0.1% m/m but still stayed in the red on a yoy basis at -0.4%, according to state statistics released on June 6. Falling food prices (-2.3% yoy) remain the key factor. Other key CPI components keep growing: education +3.7% yoy, health care +1.7% yoy, transportation +0.3% yoy and utilities +0.3% yoy.

Alexander Paraschiy: The deflationary trend is still being sustained. It is very strange to see continued price declines in Ukraine against the backdrop of fast-growing CPI in neighboring countries such as Poland, Russia, Turkey and Belarus. Yet we do not have alternative price metrics to State Statistics Service figures. In this context, we need to address a deflationary trend that is likely to be sustained in view of an expectedly good grain harvest. What’s more, we anticipate flat natural gas tariffs given that IMF negotiations are effectively stalled. Thus, we keep our CPI forecast at +0.8% yoy in 2013.

 

Останні новини

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...