Page 21 - UKRRptOct19

Food prices slid 0.3% m/m in August (vs. a 0.7% m/m decline in July), driven by vegetables (-9.0% m/m), fruits (-8.4% m/m) and sugar (-2.0% m/m). At the same time, prices for eggs jumped 39.2% m/m, meat inched up 1.0% m/m, and bread grew 0.6% m/m.
Prices for clothing and footwear continued to decline, losing 2.8% m/m (after a 4.5% m/m decline in July). In addition, prices for utilities and house maintenance dropped 0.9% m/m (vs. 2.8% m/m decline in July) driven by lower natural gas prices for households (-4.5% m/m). On top of that, prices for transportation slid 0.6% (vs. a 1.1% m/m decline in July) due to declining prices for gasoline.
The price decline was offset by 0.8% m/m growth of prices for alcohol and tobacco. In addition, prices for restaurants and hotels also increased 0.6% m/m.
Core inflation (the consumer basket excluding goods and services with the most volatile prices) declined 0.1% m/m in August, the same as in July. Annual core inflation slowed to 7.2% y/y from 7.4% y/y in July.
21​ UKRAINE Country Report​ October 2019 ​ ​www.intellinews.com