The motherland monument in Ukraine

Ukraine Inflation

Ukraine Inflation

Inflation in Ukraine

Consumer price inflation in Ukraine averaged 14.1% in the ten years to 2022, significantly above the Eastern Europe regional average of 7.7%. The 2022 average figure was 20.1%. For more inflation information, visit our dedicated page.

Ukraine Inflation Chart

  • Ukraine

    Chart

    Line chart with 11 data points.
    The chart has 1 X axis displaying Years. Data ranges from 2014 to 2024.
    The chart has 1 Y axis displaying Inflation (CPI, ann. var. %, aop). Data ranges from 2.7 to 48.5.
    End of interactive chart.

    Note: This chart displays Inflation Rate (CPI, annual variation in %) for Ukraine from 2014 to 2024.
    Source: Macrobond.

    Ukraine Inflation Data

    2020 2021 2022 2023 2024
    Inflation (CPI, ann. var. %, aop) 2.7 9.3 20.1 13.4 6.5
    Inflation (CPI, ann. var. %, eop) 5.0 10.0 26.6 5.1 12.0
    Inflation (PPI, ann. var. %, eop) -1.6 40.8 47.3 24.2 19.7
    Consensus Forecasts and Projections for the next ten years

    How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Ukrainian inflation projections for the next ten years from a panel of 28 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Ukrainian inflation.

    Download one of our sample reports to visualize what a Consensus Forecast is and see our Ukrainian inflation projections.

    Want to get access to the full dataset of Ukrainian inflation forecasts? Send an email to info@focus-economics.com.

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