February Inflation 1.6%

In February 2022, consumer prices rose by 1.6%.

The State Statistics Service has said this in a statement, Ukrainian News Agency reports.

At that, in February, foodstuff and soft beverage prices rose by 2.4%, prices for clothes and footwear decreased by 4.2%, cost of housing-public utility services rose by 0.2%, health care services rose in cost by 1.2%, and cost of education increased by 0.2%.

In February 2022, consumer prices rose by 10.7% over February 2021.

In January-February 2022, consumer prices rose by 2.9% year over year.

In February 2022, the base consumer price index increased by 1.0%.

In January-February 2022, the base consumer price index increased by 1.1%.

Core inflation is a subindex of the consumer price index.

The base consumer price index (core inflation) is the part of inflation that reflects the dynamics of free prices excluding items the prices of which are influenced by administrative and seasonal factors.

As Ukrainian News Agency earlier reported, in January 2022, consumer prices rose by 1.3%.

In 2021, inflation was 10.0%; 5.0% in 2020; 4.1% in 2019; 9.8% in 2018; 13.7% in 2017; 12.4% in 2016; 43.3% in 2015; 24.9% in 2014; 0.5% in 2013.

In 2021, the base consumer price index increased by 7.9%.

The state budget for 2022 provides for an increase in consumer prices (December to December of the previous year) - 6.2%.