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Annual inflation in Ukraine reaches 26.6% in October

by The Kyiv Independent news desk November 10, 2022 6:44 PM 1 min read
This audio is created with AI assistance

The inflation increased by 2.5% compared to the previous month, according to a report by the State Statistics Service of Ukraine.

As for consumer prices, costs for food and non-alcoholic beverages increased by 4.2%. The National Bank reported on Oct. 20 that inflation remains under control amid the full-scale Russian invasion that has taken a severe toll on the Ukrainian economy. In 2023, inflation will decrease to 20.8%, according to the National Bank's estimates.

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