Page 27 - UKRRptMay19

4.2 Inflation
Prices 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI headline (%YoY, 16.6 22.3 12.3 9.1 4.6 -0.2 0.5 24.9 43.3 12.4 13.7 9.4 eop)
CPI headline (%YoY, 12.8 25.3 16 9.4 8 0.6 -0.3 12.1 48.5 14.9 14.5 9.2 average)
PPI (%YoY, eop) 23.2 21.1 15.3 18.8 17.4 0.4 1.7 31.8 25.4 35.7 16.5 9
PPI (%YoY, average) 20.5 33.6 7.4 21.4 19.9 6 -0.1 17 36.5 20.4 27.2 10.6
Source: ICU, CEIC
4.2.1 CPI dynamics
Ukraine’s consumer inflation accelerated to 0.9% month-on-month in March from 0.5% m/m in February, driven mostly by the growth of prices for clothing and footwear, the nation's state statistics service Ukrstat reported on April 9.
Annual inflation stood at 8.6% year-on-year in March vs 8.9% y/y in February. Clothing and footwear prices jumped 11.3% m/m after declining in the four previous months. Meanwhile, annual inflation for clothing and footwear was only 2% y/y. Food prices grew 0.4% m/m in March (vs. 0.9% m/m growth in February), driven by vegetables (2.4% m/m), fruits (1.7% m/m) and bread (0.9% m/m). At the same time, egg prices dropped 5.0% m/m, and milk prices
27 UKRAINE Country Report May 2019 www.intellinews.com