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Annual inflation in Ukraine reaches 21.5% in June

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Consumer prices in Ukraine accelerated to 21.5% in June, compared to 18% a month earlier, according to the State Statistics Service of Ukraine. The increase, the highest since inflation reached 20% in March of 2016, is due to costs of fuel and food supplies constrained by Russia’s invasion. Ukraine's central bank has hiked interest rates to 25% to combat inflation.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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