Saturday, November 26, 2022

Annual inflation in Ukraine reaches 26.6% in October

by The Kyiv Independent news deskNovember 10, 2022 6:44 pm

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.

The Kyiv Independent news desk
The Kyiv Independent news desk

We are here to make sure our readers get quick, essential updates about the events in Ukraine.

One hell of a year
Last November, the Kyiv Independent was founded by 30 journalists who were fired for defending their editorial independence. One year later, we are the voice of Ukraine bringing you the unfiltered truth about Russia’s brutal war. Stand with the Kyiv Independent.