09 September 2022, Friday, 16:50 318

Inflation Makes 1.1% In August

Редактор: Daria Zubkova

In August 2022, consumer prices rose by 1.1%.

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

The prices for food and non-alcoholic beverages increased by 0.7% in August, for clothing and footwear, they decreased by 2.0%, for housing and communal services - increased by 0.8%, for services related to health - increased by 2.9%, and the cost of education rose by 0.2%.

In August 2022, consumer prices increased by 23.8% year over year.

In the first eight months of 2022, inflation made 19.5%.

In August 2022, the basic consumer price index rose by 2.1%.

In the first eight months of 2022, the basic consumer price index increased by 15.1%.

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

Core CPI (core inflation) is the part of inflation that reflects the dynamics of free prices without taking into account positions, the prices of which are subject to the influence of administrative and seasonal factors.

As Ukrainian News Agency earlier reported, in July 2022, consumer prices rose by 0.7%, and the core consumer price index rose 1.2%.

In 2021, inflation was recorded at 10.0%; at 5.0% in 2020, at 4.1% in 2019; at 9.8% in 2018; and at 13.7% in 2017.

In 2021, core inflation was 7.9%.

The state budget for 2022 provides for an increase in consumer prices (December over December) - 6.2%.

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