Oil, milk and vegetables: the products with the highest price increase.
In December 2024, consumer prices in Ukraine rose by 1.4% compared to the previous month. The total inflation for the entire year was 12%. The core inflation in December was 1.3%, while for the year it was 10.7%.
Food products and non-alcoholic beverages saw the largest price increase in December - by 1.8%.
Prices for butter, sunflower oil, milk and dairy products, vegetables, cereal products, bread, beef, fish, pasta, and pork increased from 1.0% to 5.2%. At the same time, egg prices fell by 1.5%.
Alcoholic beverages and tobacco products also became more expensive - by 2.0%. Tobacco products increased by 2.7%, while alcoholic beverages rose by 1.2%.
Clothing and footwear became cheaper by 3.9%. Footwear prices dropped by 4.0%, while clothing prices decreased by 3.9%. In the healthcare sector, prices rose by 1.6% due to the increase in pharmaceutical product prices (by 1.8%) and outpatient services (by 1.6%). In the transportation sector, prices increased by 0.5% due to the rise in road passenger transportation costs (by 2.1%).
Prices continue to rise faster than predicted by the National Bank of Ukraine, indicating that inflation is getting out of control.
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