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Annual inflation in Ukraine reaches 26.6% in October

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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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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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