Inflation in Ukraine has accelerated: what has become more expensive.

In September 2024, the consumer price index in Ukraine rose by 1.5% compared to the previous month. This is significantly higher than the growth in August, when inflation was 0.6%.

On an annualized basis, inflation increased to 8.6%, which is higher than in August (7.5%). Since the beginning of the year, consumer prices have risen by 6.5%. Core inflation reached 1.7% in September compared to the previous month and 6.6% since the beginning of the year.

The largest price increase was observed in the category of food and non-alcoholic beverages - by 1.8% for the month. In particular, eggs rose in price by 12.1%, and vegetables, oil, dairy products, and other goods - by 1.1-3.8%. At the same time, prices for sugar and fruits slightly decreased.

The cost of clothing and footwear increased by 7.8%. Services in the field of education rose by 10.1%, with higher education becoming 11.8% more expensive and secondary education 11.1% more expensive.

The National Bank of Ukraine takes into account the consumer price index when forming monetary policy. According to NBU forecasts, inflation will be 8.5% by the end of 2024 and 6.6% in 2025, and a return to the target rate of 5% is expected in 2026.