January Inflation 0.8%

In January 2023, consumer prices rose by 0.8%. This is stated in the report of the State Statistics Service, Ukrainian News Agency reports.

Including prices for food products and non-alcoholic beverages in January increased by 1.4%, for clothes and shoes - decreased by 5.1%, for housing and utility services - increased by 0.1%, for services related to with health care - increased by 1.2%, for education - increased by 1.1%.

Compared to January 2022, consumer prices rose by 26.0% in January 2023.

In January 2023, the basic consumer price index increased by 0.7%.

Compared to January 2022, core inflation made 23.3% in January 2023.

Core inflation is a sub-index of the consumer price index.

The basic CPI (basic inflation) is a part of inflation that shows the dynamics of free prices without taking into account items whose prices are affected by administrative and seasonal factors.

As Ukrainian News Agency reported, in December 2022, consumer prices rose by 0.7%.

In December 2022, core inflation made 0.8%.

In 2022, consumer prices rose by 26.6%.

In 2021, inflation was recorded at 10.0%; at 5.0% in 2020, at 4.1% in 2019; at 9.8% in 2018.

In 2021, core inflation was 7.9%.

The state budget for 2023 provides for an increase in consumer prices (December over December) - 28%.