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August deflation 1.4%

In August 2023, consumer prices fell by 1.4%.

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

In particular, prices for food products and non-alcoholic beverages in August decreased by 3.7%, for clothes and shoes - decreased by 2.3%, for housing and utility services - increased by 0.3%, for services related to health care - increased by 0.6%, for education - increased by 0.1%.

Compared to August 2022, consumer prices rose by 8.6% in August 2023.

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In January-August 2023, inflation made 2.5%.

In August 2023, the core consumer price index made 0%.

In January-August 2023, the core consumer price index increased by 3.2%.

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

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The core CPI (core 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 July 2023, consumer prices fell by 0.6%.

In July 2023, the core consumer price index made 0%.

In 2022, consumer prices rose by 26.6%.

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

In 2022, core inflation was 22.6%.

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

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